eolesen
Veteran
- Jul 23, 2003
- 15,907
- 9,359
CO just changed their profit sharing plan for the next five years, going with the same formula used by DL and WN.
Here's how profit sharing for the Big Six stacks up:
DL, CO, WN, and US are the most likely to pay out, since it's based off of pre-tax income without any qualifiers.
UA and AA have thresholds beyond a simple pre-tax profit. I don't know why UA's threshold is there and so small. but AA's threshold has proven insurmountable in the past few years.
Seems to me matching DL, CO, and WN would be a simple change and a lot less likely to be questioned by employees.
Here's how profit sharing for the Big Six stacks up:
Code:
Percent of pre-tax income paid under program
DL 15 % of first $2.5 B annual pre-tax income
20% shared above $2.5B
CO 15% of pre-tax income
WN 15% of pre-tax income
US 10% of annual pre-tax profit for margins of 0.1- 10 %
UA 0% of the first $10MM in pre-tax earnings
15% of pre-tax earnings exceeding $10MM
AA 0% of first $500 MM in pre-tax earnings
15% of pre-tax earnings over $500 MM
DL, CO, WN, and US are the most likely to pay out, since it's based off of pre-tax income without any qualifiers.
UA and AA have thresholds beyond a simple pre-tax profit. I don't know why UA's threshold is there and so small. but AA's threshold has proven insurmountable in the past few years.
Seems to me matching DL, CO, and WN would be a simple change and a lot less likely to be questioned by employees.