One of America’s largest airlines is also its most generous. Delta Airlines will pay out around $1.3 billion in profit sharing payments, representing not only one of the largest payouts in the company’s history, but a larger sum than the whole industry together. Celebrated on Valentine’s Day, Profit Sharing Day sees Delta employees receive a dividend share equal to 10% of all company revenue up to the first $2.5 billion, rising to 20% for each dollar above $2.5 billion. This year’s payout will be between 3 and 5 weeks’ salary, depending on the employee. Despite a year described in an earnings report as “challenging,” when the prolonged government shutdown cost the firm some $200 million in lost revenue, the profit sharing payout will be 8.9% of a possible 10%. Delta consistently ranks as one of the best places to work according to Forbes and Fortune 500, and it’s easy to see why.
Delta Shares $1.3 Billion With Its Workers
One of America’s largest airlines is also its most generous. Delta Airlines will pay out around $1.3 billion in profit sharing payments, representing not only one of the largest payouts in the company’s history, but a larger sum than the whole industry together. Celebrated on Valentine’s Day, Profit Sharing Day sees Delta employees receive a dividend share equal to 10% of all company revenue up to the first $2.5 billion, rising to 20% for each dollar above $2.5 billion. This year’s payout will be between 3 and 5 weeks’ salary, depending on the employee. Despite a year described in an earnings report as “challenging,” when the prolonged government shutdown cost the firm some $200 million in lost revenue, the profit sharing payout will be 8.9% of a possible 10%. Delta consistently ranks as one of the best places to work according to Forbes and Fortune 500, and it’s easy to see why.
