Old Profit share
Using the other half of my chicken entrails I calculate that the old profit share formula would have given about 10 days and $6,000. The new formula pays more at lower profit levels. By lower profit levels I mean profit versus turnover not the nominal level. The old profit share formula pays more than the new one when profit, as a percentage of turnover, is in excess of 20%. So we would have needed a profit figure of around $15billion before the old formula was better!
To whoever asked the question....the payout is based on your December 07 salary.