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  2. The VP in charge of Delta’s employee benefits says ... - AOL

    www.aol.com/finance/vp-charge-delta-employee...

    Employees received an extra 10.4% of their total earnings in 2023 as part of the payout incentive. ... The VP in charge of Delta’s employee benefits says that their choice to pay out $1.4 ...

  3. Delta paying $1.4 billion in profit sharing payments to employees

    www.aol.com/delta-paying-1-4-billion-152129106.html

    February 14, 2024 at 1:18 PM. Charly Triballeau/AFP/Getty Images. Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago. The payments ...

  4. Delta’s CEO just paid out $1.4 billion to his employees. Here ...

    www.aol.com/finance/delta-ceo-just-paid-1...

    The bankruptcy, which led to at least 7,000 layoffs and pay cuts, also helped kickstart a new era of employee-focused company culture–which starts with employees getting paid before management ...

  5. Employee compensation in the United States - Wikipedia

    en.wikipedia.org/wiki/Employee_compensation_in...

    Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc. Compensation can be fixed and/or variable, and is often both. Variable pay is based on the performance of the employee. Commissions, incentives, and bonuses are forms of variable pay.

  6. Gerald Grinstein - Wikipedia

    en.wikipedia.org/wiki/Gerald_Grinstein

    By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. He reduced his own pay by 25%, to approximately $325,000 per year.

  7. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...

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