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Delta to reward its employees with $1.1 billion in profit sharing

Delta Air Lines (Atlanta) today issued this statement:

Delta Air Lines employees today will receive profit sharing as part of the company’s $1.1 billion total payout for 2014 – the largest payment in the company’s history – in recognition for their industry-leading performance.

Total individual payouts will equal more than 16 percent of employees’ eligible 2014 earnings, which equates to an average of nearly two months’ salary. In October 2014, Delta paid a 5 percent advance on profit sharing to employees.

The 2014 payout is a record for the airline industry, and among the highest for any U.S. corporation.

In addition to profit sharing, Delta’s Shared Rewards program pays out monthly bonuses for meeting corporate operational goals throughout the year.

In 2014, Delta employees earned more than $84 million in Shared Rewards as the company achieved history-making operational and financial results. Delta has paid out $2.9 billion to employees in profit sharing and Shared Rewards during the past five years.

Delta employees will be honored for their record-breaking performance today at events held across its global network.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Ex-Northwest Airlines Boeing 757-251 N547US (msn 26494) climbs away from Los Angeles International Airport.

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