except it has not been a one time payout, robbed. Further, as much as you want to defend AA's choice not to include profit sharing as part of the compensation program, DL, UA, and WN all have it along with other airlines.
AA is the lone major US airline that doesn't want to pay profit sharing and that can directly be tied to the fact that Parker wants to pay his people as low as he can get by with rather than believing that frontline employees really do have the ability to drive profits - which they do.
DL employees have accumulated more than $3 billion in profit sharing over the past 5 years.
DL like the rest of the US airline industry is profitable and the framework exists for that to remain so for a good long time.
profits and profit sharing are the norm.
Given that DL employees gained 16.5% profit sharing
The real question is how much of the compensation should be in profit sharing. WN has basically targeted about 10% while DL employees could see as much as 20% of their compensation in profit sharing - probably time to roll some of that PS into base pay.
Profit sharing is not going away and it is and will be a key part of compensation for all of the airlines that value the contributions of their employees and recognize that employees really do have the ability to make profits happen.
of course the Union wants to sweep under the table that Delta F/A's are getting around 15% of their yearly salary in PS.
and it's been a few years now.
of course they do... esp. since the IAM and other unions have come nowhere close to negotiating profit sharing anywhere close to that large at any airline.
It's notable how hard the IAM works to exclude DL profit sharing from its compensation comparisons and precisely why DL employees know they can't trust what the IAM says when they are willing to exclude as much of DL employee compensation as they do.
DL's profit sharing program is one of the richest not just among airlines but in all of corporate America.