– credit Delta Airlines
One of America’s largest airlines is also its most generous.
Delta Airlines will pay out around $1.3 billion in profit sharing payments, representing not only one of the largest payouts in the company’s history, but a larger sum than the whole industry together.
Celebrated on Valentine’s Day, Profit Sharing Day sees Delta employees receive a divided share equal to 10% of all company revenue up to the first $2.5 billion, rising to 20% for each dollar above $2.5 billion.
This year’s payout will be between 3 to 5 weeks’ salary depending on the employee.
“The passion and dedication of Delta people carried us through 2025 and will continue to propel us forward,” said Chief People Officer Allison Ausband. “Their unwavering focus on safety and care is what builds trust and a deep loyalty for customers, and continued success for Delta.”
Despite a year described in an earnings report as “challenging,” when the prolonged government shutdown cost the firm some $200 million in lost revenue, the profit sharing payout will be 8.9% of a possible 10%.
Delta consistently ranks as one of the best places to work according to Forbes and Fortune 500, and it’s easy to see why.
CORPORATE KINDNESS AND BOARDROOM BENEVOLENCE:
Profit sharing is not nearly as common today as it was in the 20th century. Today, it’s largely been replaced with 401(K) matching programs that help employees save for retirement. Amazon was one of the last holdouts of the old method of granting stock to employees, a policy it discontinued in 2018 in response to demands for higher hourly wages.
Delta is one of the few that’s hanging on, and with the latest payout will have shared some $5 billion in profits with its employees.
GIVE A Cheer For Delta And Their Profit Sharing On Social Media…
