Delta Air Lines employees today will receive profit sharing as part of the company’s $1.1 billion total payout for 2014 – the largest payment in the company’s history – in recognition for their industry-leading performance.
Total individual payouts will equal more than 16 percent of employees’ eligible 2014 earnings, which equates to an average of nearly two months’ salary. In October 2014, Delta paid a 5 percent advance on profit sharing to employees.
The 2014 payout is a record for the airline industry, and among the highest for any U.S. corporation.
In addition to profit sharing, Delta’s Shared Rewards program pays out monthly bonuses for meeting corporate operational goals throughout the year.
In 2014, Delta employees earned more than $84 million in Shared Rewards as the company achieved history-making operational and financial results. Delta has paid out $2.9 billion to employees in profit sharing and Shared Rewards during the past five years.
Delta employees will be honored for their record-breaking performance today at events held across its global network.
Again, EK a world class airline? Just wondering. When was the last time this airline made the statement,........"in recognition of their industry-leading performance". It's all about marketing, airplanes and route structure, not the employees. But Delta only has two unions on their property, the pilots and flight dispatchers. So this is not negotiated amongst the CC, engineers, etc.