Delta to pay $506 million in employee profit sharing

Delta Air Lines (Atlanta) today will pay its employees more than a half-billion dollars in earned profit sharing – the highest payout in company history – in recognition for their industry-leading performance in 2013. Employees’ individual payouts will equal 8.26 percent of their eligible 2013 earnings.

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 millionin 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.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Brand new Boeing 737-932 ER N812DN (msn 31923) arrives in Los Angeles.

Delta Air Lines: AG Slide Show