Delta employees to receive an average five weeks’ pay in annual profit sharing
Eligible Delta Air Lines employees are set to receive an average of five weeks’ worth of additional pay from the company’s annual profit sharing.
The total payout is estimated to be $1.4 billion, and is scheduled to be given out on the company’s Profit Sharing Day on February 14, 2025.
“Every day, Delta people prove themselves to be difference makers in this industry,” Delta CEO Ed Bastian said in a statement.
“I’m proud to recognize their unmatched professionalism, teamwork and dedication to excellence with one of our strongest profit sharing years in Delta’s history,” Bastian added.
Delta said that in the last 10 years, it had rewarded its employees with over $10 billion in profit sharing.
The airline said that shared success is core to its values, and profit sharing is a key element of Delta’s commitment to compensation for industry-leading performance.
“This year’s profit sharing payout is a testament to the hard work of Delta people,” Delta Chief People Officer Allison Ausband said in a statement.
“They recognize that our commitment to safety and world-class service builds trust with our customers – who in turn reward Delta with their loyalty,” Ausband continued.
One of the most remarkable profit sharing payouts from a carrier was made by Singapore Airlines, who gave staff eight months’ salary as a bonus after the Singapore Airlines Group reported a record profit of SG$2.7 Billion ($1.99 Billion) for the fiscal year ending March 31, 2024.
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Eligible Delta Air Lines employees are set to receive an average of five weeks’ worth of additional pay…
The post Delta employees to receive an average five weeks’ pay in annual profit sharing appeared first on AeroTime.
