Grassroots Efforts at DL for ACS and FAs, no personal attacks.

[FWAAA]

According to Delta, "Shared Rewards" are the payments for meeting monthly corporate operational targets, and are distinct from annual profit sharing.   For example:
 

Along with base pay, Delta provides employees with additional compensation elements like profit sharing, designed to allow employees to earn more when the company performs well. Additionally, Delta employees can earn monthly bonuses for meeting corporate operational goals throughout the year, known as Shared Rewards.
 
In 2013, Delta employees help achieve the corporate financial and operational goals earning $91.7 million in Shared Rewards, which, combined with profit sharing, totals $598 million in bonus performance pay for the year. Delta has paid out nearly $1.7 billion in profit sharing and Shared Rewards during the past four years.

 
http://news.delta.com/2014-02-14-Delta-Employees-Earn-506-Million-in-Profit-Sharing-for-2013-Performance

 

[Kev3188]

There is a difference between Shared Rewards and Profit Sharing, last time I checked.

True, and I'm sorry I missed your attempt at playing gotcha.

Can't speak to what your goals are in Tech Ops, but we can land up to $100/mo. for meeting certain targets. Everyone in ACS gets the same amount (or doesn't). Same story with our "it's all about the customer" program. That's station specific, but everyone either gets (what equates to) $0, $28, or $56 dollars, depending on how their station did. Those are evenly distributed, and no balks. I just happen to think PS should be the same way.
 
 

According to Delta, "Shared Rewards" are the payments for meeting monthly corporate operational targets, and are distinct from annual profit sharing.   For example:
 
 
 
 
http://news.delta.com/2014-02-14-Delta-Employees-Earn-506-Million-in-Profit-Sharing-for-2013-Performance

Indeed.

 

[WorldTraveler]

yes, you are right... and shared rewards are paid at the same dollar amount for each employee, IIRC.

Kev or Baba or southwind can confirm.

(looks like Kev noted it above since he responded while I was typing and also talking on the phone to somebody's customer service)

Kev does continue to believe that Profit sharing should be paid at the same dollar amount, something that Baba and southwind don't support.

50% plus 1 and in this case agreement with all other labor groups is all that is needed to make Kev's goals a reality.

 

[southwind]

True, and I'm sorry I missed your attempt at playing gotcha.

 

Actually wasn't trying to play gotcha'. Was just trying to point out that there is a difference between PS and shared rewards.

 

[Kev3188]

Here's a fun game to play on this holiday weekend. Click the link to start.
 
Tip: Once there, hit refresh.
 
http://www.laborunionsmademyday.com/
 
BTW, anyone know where  Labor Day originated? Here's a hint:

 

 

 

[Kev3188]

Actually wasn't trying to play gotcha'. Was just trying to point out that there is a difference between PS and shared rewards.

 
Fair enough. Notice though, that with Shared Rewards all applicable employees are paid (or not paid) equally, and no one thinks anything of it. We all rise or fall as one based on our collective effort. Propose the same thing for PS, and you'd think I was asking to pour sugar in one's gas tank...

 

[700UW]

Yep they will enjoy their three say weekend courtesy of the IAM.

 

[Kev3188]

How should the profit sharing change?  
Say I fly 50 hrs a month every month for the year.
My friend flies 120 a month every month for a year
We are both considered full time.  
Should we each get the same profit sharing?  I think not

 
Dividing it equally would mean a significant bump for most. Do it that way, and maybe your friend doesn't have to fly high time year 'round...

 

[southwind]

Guess all IAM union members are off Monday, right?

 

[BABABOOY]

I'm pretty sure the machinist have NOT negotiated labor day as a holiday for ANY f/a group 
they represent.

 

[Kev3188]

Guess all IAM union members are off Monday, right?

 
Couldn't tell ya; I'm an at-will employee. 
 
What I do know is that anyone working is likely getting premium pay- they can thank organized labor for that too.

 

[robbedagain]

Yep  im working mon  and get holiday pay for it too............  my 2nd day back from vacation... 

 

[WorldTraveler]

Dividing it equally would mean a significant bump for most. Do it that way, and maybe your friend doesn't have to fly high time year 'round...

dividing it equally would mean a significant cut for some. THAT is the part that is NO GO.

If you get the majority past the philosophical idea that those just entering the company and/or working less should get the same amount of profit sharing.

 

[BABABOOY]

 
 We all rise or fall as one based on our collective effort. Propose the same thing for PS, and you'd think I was asking to pour sugar in one's gas tank...

Sounds very Soviet.  
I believe the harder you work the more you get.

 

[FWAAA]

I don't think you're ever going to get everyone to agree to split the profits on a per capita basis.
 
Shares of common stock get an equal share of the profits, labor tends to get paid based on how much they can demand (or take) from the pie, and pilots who make $250k will likely believe that they're entitled to a bigger chunk of the profits than someone whose labor commands only $25k of annual pay.   So DL splits it up according to W-2 pay.  Wasn't it 8.2-something percent last year?    
 
Even worker-owned cooperatives don't always share the profits on a per-capita basis.