Delta Air Linesย today will pay out more than $1 billion in profit sharing for the fourth year in a row and celebrate the outstanding accomplishments made possible by its more than 80,000 employees around the world.
Delta employees earned the $1.1 billion payout for their role in delivering record-breaking operational and customer satisfaction performance as well as strong financial performance.
โThis is the fourth year in a row that Deltaโs profit sharing has topped $1 billion โ a milestone no company in history has ever achieved,โ said Deltaโs Chief Executive Officer Ed Bastian. โDelta people are the reason for our success and Valentineโs Day is our favorite day each year as we celebrate the incredible results our people have delivered.โ
The airline has paid out more than $5 billion through its profit sharing program over the past five years. Through the program, employees share in the success they create together through hard work and a focus on the customer.
โOur industry-leading profit sharing and compensation philosophy reflects a decision we made a long time ago to share in the companyโs success each year with our people who make it possible,โ Bastian said. โRather than make a one-off payment like other companies, Delta is invested in highly competitive base pay, an industry-leading annual profit sharing plan, and monthly bonuses each year when the airline performs well.โ
This compensation approach has resulted in an 80 percent increase in total annual compensation since 2008.
Copyright Photo:ย Delta Air Lines Airbus A330-323 N801NW (msn 524) AMS (Ton Jochems). Image: 901945.
Delta Air Lines aircraft slide show (Airbus):









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