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Delta unveiled its profit-sharing program in 2007 as the company emerged from bankruptcy, and employees received their first payout in 2008, totaling $158 million.
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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 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.
Delta Air Lines is one of the major airlines of the United States and a legacy carrier headquartered in Atlanta, Georgia. The United States' oldest operating airline and the seventh-oldest operating worldwide, Delta along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents.
The new minimum for hourly workers will be $19 an hour, up from $16.55 an hour. Both go into effect on June 1. The company will also allocate a 5% merit pool, a type of bonus, for eligible ...
Mihalic is the former President of Delta Material Services. At the same time, long-time Delta employee Lee Gossett was named Senior Vice President of Operations and COO. Before his appointment, Gossett was the Vice President of line maintenance at Delta Air Lines. In January 2017, Delta Private Jets announced Sky Access, a new membership program.
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related to: travelnet delta employees