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Delta rolled out a profit-sharing model in 2007 and it gave employees a financial cushion when company money was tight. It’s a benefit they’ve continued since a brief pause in 2020.
Before that, Delta experienced continued revenue growth between 2003 and 2019. Now, Delta Air Lines is the most profitable airline in the world, with almost $50.6 billion in operating revenue in 2022.
Employees received an extra 10.4% of their total earnings in 2023 as part ... The VP in charge of Delta’s employee benefits says that their choice to pay out $1.4 billion to workers is all about ...
en.wikipedia.org
All Delta employees below mid-level managers participate in the program, the airline said. The payout is up 146% from the profit sharing payment of a year earlier, and well above the $108 million ...
Delta Air Lines is a major American airline. [1] [2] The company's history began with the world's first aerial crop dusting operation called Huff Daland Dusters Inc., founded in 1925 in Macon, Georgia [3] to combat the boll weevil infestation of cotton crops. [4] C.E. Woolman, general manager and later Delta's first CEO, led a group of ...
Delta Air Lines announced Monday it is giving all its employees a 5% raise worldwide and is hiking starting pay to $19 an hour, after paying out $1.4 billion in profit-sharing bonuses.
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