09 bonus program

[Pi brat]

Listening to the airline state of the union Doug says they paid out 12 million in employee bonus for 09. Does anyone have the numbers handy for director and above bonuses paid?

 

[Dog Wonder]

Due to losses incurred by the airline all Directors and above paid back 25% of their after tax earnings.

The bonus money Doug is talking about all went to front-line employees.

 

[flygirl74]

Due to losses incurred by the airline all Directors and above paid back 25% of their after tax earnings.

The bonus money Doug is talking about all went to front-line employees.

And almost all of it did go to the front line employees. IIRC, 1Q 2009 had twenty-some analysts from PHX cleaning up about 40K of the bonuses. 3Q had 10,500 and 4Q only 8,500.