Profit-Sharing Checks to Average $13,080
Feb 11, 2016, 1:35 pm
#1
Original Poster
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 5,502
Profit-Sharing Checks to Average $13,080
More than 47,400 Southwest Airlines workers will each receive on average a $13,080 profit-sharing check for the company's 2015 performance.
The Dallas-based airline will pay out a record $620 million in profit-sharing to its workers. The payments will be made in April.
Southwest said the payments will equal 15.6 percent of each eligible employee's compensation, or the equivalent of eight weeks' pay.
The profit-sharing is in addition to the company match and other amounts contributed to Southwest retirement plans, as well as amounts contributed for health care coverage and other wellness programs.
The Dallas-based airline will pay out a record $620 million in profit-sharing to its workers. The payments will be made in April.
Southwest said the payments will equal 15.6 percent of each eligible employee's compensation, or the equivalent of eight weeks' pay.
The profit-sharing is in addition to the company match and other amounts contributed to Southwest retirement plans, as well as amounts contributed for health care coverage and other wellness programs.
Feb 12, 2016, 12:14 pm
#3
Join Date: Jun 2004
Location: ATL
Programs: Delta PlM, 1M
Posts: 6,363
Now, if we could just do something about the US domestic airlines Legacy 3 + 1 cartel.
Feb 13, 2016, 10:47 am
#4
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
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