DAL employees rewarded handsomely....

[delta777]

http://www.ajc.com/news/content/business/s...NTUbTTUWUXUVUZT[U\UWU\UVUZUaUcUcTYWYWZV&urcm=y

Show this to Doogie in your on-going negotiations with Tempe. Tell him to shove his "cost-neutral" crap. It's high-time he treated these negotiations with the various LCC unions with the respect and urgency they so rightfully deserve.

For a typical top-of-scale employee whose 2006 earnings were, for example, $40,000, here’s what this would mean.

First, a 4% pay increase would mean an additional $1,600 a year.

The emergence stock award would be approximately $9,500 (equal to nearly three months pay for this employee.)

The cash lump sum of 8% of earnings would be $3,200 upon emergence. This represents about one month’s pay for this individual.

The Shared Rewards would be $700.

The new defined contribution benefit would be around $2,900. This assumes that the employee takes full advantage of the plan to receive a 5% match on his or her contributions in addition to the 2% automatic Delta contribution.

If we hit our 2007 financial plan, profit sharing would be approximately $2,300 for this individual.

This totals over $20,000. That could mean up to 50% more in earnings for this individual over the next 12 to 14 months.

 

[gaucho99]

http://www.ajc.com/news/content/business/s...NTUbTTUWUXUVUZT[U\UWU\UVUZUaUcUcTYWYWZV&urcm=y

Show that to Doogie in your on-going negotiations with Tempe. Tell him to shove his "cost-neutral" crap. It's high-time he treated these negotiations with the various LCC unions with the respect and urgency they so rightfully deserve.

That's pretty impressive, but where is the typical US non pilot pay at now?


* Frontline employee, such as a flight attendant or airport agent, at top of scale with 2006 earnings of $40,000 (DL)

US airport, res agents etc top out at about the same, maybe a touch less so why all the bickering over pay scales?

Aren't ramp agents going to $19 per hour? $39,250 per year before any overtime.

Just what are disgruntled US employees trying to get?

 

[NevadaHP]

how in the hell can a company come out of bankruptcy and give that kind of money away. they will be there again in 2yrs. Fleet top out for east is 17.35 in 10yrs and west is 15.20 over 15 yrs.

 

[delta777]

That's pretty impressive, but where is the typical US non pilot pay at now?
* Frontline employee, such as a flight attendant or airport agent, at top of scale with 2006 earnings of $40,000 (DL)

US airport, res agents etc top out at about the same, maybe a touch less so why all the bickering over pay scales?

Aren't ramp agents going to $19 per hour? $39,250 per year before any overtime.

Just what are disgruntled US employees trying to get?

I believe, and correct me if i'm wrong, LCC ramp tops out at around $17.40ish, before factoring in union dues. With the raise DAL is getting, it should be around $18.40ish? keeping in mind, this is simply the first of at least 2 raises, in order to get DAL customer service agents to the middle of the pack. Which is around $3400 a month.

 

[brokenwrench]

I do not think DL or US has had a raise for its Fleet, AMT's or F/A since late 2005 when this chart was made. See page 14.

http://www.secinfo.com/d13Kyh.z1Cs.d.htm#1stPage#1stPage

how in the hell can a company come out of bankruptcy and give that kind of money away. they will be there again in 2yrs. Fleet top out for east is 17.35 in 10yrs and west is 15.20 over 15 yrs.

http://www.ajc.com/news/content/business/d...20bizdelta.html

The airline also plans to raise base pay levels on July 1 — the first in a series of raises intended to bring levels to "industry standard." Top-scale rates will rise 4 percent, with amounts varying at other levels.

Industry standard is not putting the company (DL) at a competitive disadvantage to other airlines just on an even level. It is then up to management to run the company better then its competitors.

Meanwhile, Delta Chief Executive Gerald Grinstein has declined any payout other than his $338,000 salary, and said Monday he plans to earmark any extra financial rewards he might have gotten to two new charitable funds to help needy employees and give scholarships to their kids.

 

[PITbull]

how in the hell can a company come out of bankruptcy and give that kind of money away. they will be there again in 2yrs. Fleet top out for east is 17.35 in 10yrs and west is 15.20 over 15 yrs.

DL just has better seasoned management and understands the business they are in and the value their labor brings to help acheive their restructuring plan of reorganization. Profits are not made by drastic labor cuts as the only business plan. That's idealogy was only fed to USAirways employees promoted by the union busters Jerry Glass and Co. Encouraged all the execs and BOD that that is the only form of success and achieving profits. HE forgot to tell them that is only in the first year...the rest will be up to the Execs they hire.

DL mostly Non-union airline as well.

 

[luvn737s]

how in the hell can a company come out of bankruptcy and give that kind of money away. they will be there again in 2yrs. Fleet top out for east is 17.35 in 10yrs and west is 15.20 over 15 yrs.

They're not out of bankruptcy. Management is merely rewarding them for making such a stink over the LCC merger; it allowed Grinstein, et. al. to stay at the creditor's trough a little longer.

Wear a button, make a buck. "Make kickbacks My Kickbacks!"

 

[allstrike]

http://www.ajc.com/news/content/business/s...NTUbTTUWUXUVUZT[U\UWU\UVUZUaUcUcTYWYWZV&urcm=y
This totals over $20,000. That could mean up to 50% more in earnings for this individual over the next 12 to 14 months.

Gave up 40% since the last contract....every year.Going ta take a little more than this.

 

[700UW]

Hey Delta777,

Why dont you post the numerous cities where DL outsourced the ramp and laid-off the fleet service members?

And WN pays over $24 an hour.

 

[NYCDelta]

That's pretty impressive, but where is the typical US non pilot pay at now?

I can only speak for F/A's, which is 10% lower than before BK. Top pay, after 12 years, is just under 40 bucks per flight hour. There are other "perks" for those that choose to fly in the Flight Leader position (2.70-5.90) per hour; LOD pay, holiday pay, etc.

Remember, DL's stated "goal" is to keep us in our "competitive set". We'll never, in my opinon, be at the top in pay again. Therefore, they threw in the other things which only happen if certain goals are met.

 

[luvthe9]

http://today.reuters.com/news/articleinves...OMPENSATION.XML

 

[wench1]

Yes, and look at what we got!

Sorry to sound so greedy but our's SHOULD have been at least 1K per employee ,and not before taxes.
Our measley almost 1/2 tax withdrawel.

 

[tahitigirl]

I'll believe it when they see it.

 

[aredeeyou22]

I'll believe it when they see it.

Tahitigirl,

I would worry a little more about believeing it when WE see it......

 

[LD3]

Hey Delta777,

Why dont you post the numerous cities where DL outsourced the ramp and laid-off the fleet service members?

And WN pays over $24 an hour.

He would eat up too much bandwidth....