Delta Air Lines to Give Workers Extra Two Months of Pay

Delta To Give Employees Two Months Of Extra Paid Sitting Up $ 1.6 Billion In Bonuses

The company's profit sharing bonus adds to all of the other financial benefits it typically offers its employees, such as a 401 (k) match andother bonus program for ordinary employees, the spokesman said.

CNN reports that Delta Air Lines will give its employees a combined extra $1.6 billion back. All eligible employees will receive a check in February for 16.6% of their annual salary. Delta CEO Ed Basian while praising the employees reportedly said that Delta would be nothing without the 90,000 people. "They deserve all the credit". The previous record was $1.5 billion in 2016 - which Delta said at the time was the largest profit-sharing payout in corporate history. While speaking to an global media outlet, a spokesperson of the company said that the company's profit-sharing bonus is on top of all other financial benefits it normally provides employees. It will be equivalent to about two months' salary.

"For many years, I was beaten on Wall Street".

According to a 2018 survey by the National Opinion Research Center at the University of Chicago, 38% of adult USA employees said they received a cash profit sharing scheme, but the average reported amount was only $ 2,000 or 5% of pay. The profit-sharing plan started in 2012 following Delta's merger with Northwest.

The big airline company turned a big profit any they made a decision to pass a large portion of that on to their employees. Last year, it paid out $1.3 billion, and in 2018 and 2017, it paid out $1.1 billion, according to the OC Register. (But) Wall Street has actually closed and they realize that Delta is the most excellent airline because of its people.

Speaking at Monday's event, the American business executive said: 'I'm at a season where I'm at my peak. I love the people, and I love the challenge'.

According to the Federal Aviation Administration, the Delta Flight 89 experienced engine trouble shortly after take off from LAX and air traffic control were notified that it needed to return.



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