Originally Posted by airbus320
"Special Profit Sharing Awards to be distributed in upcoming pay statement. As recently announced, the ACE Board has approved a special Profit Sharing Award in recognition of the extraordinary effort put in by all employees last year. Under the Air Canada Plan, employees will receive a total of $43.50 million of which $30 million has already been paid out to employees during the past year under our Sharing our Success program. In your next paycheque, you will receive your portion of the Profit Sharing Award which was determined by dividing the basic salary you received in 2005 by the total of all basic salaries earned by all employees multiplied by the $12 million profit sharing pool. In all cases, employees will receive a minimum of $250 ($125 for part-time). This award will be identified on your pay statement as “Annual Profit Sharing.” The Daily
Hey, it beats a burger coupon.