Any "Latest & Greatest" about Delta?
09-17-2010, 01:18 PM
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
09-17-2010, 01:24 PM
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
oh this is a fun past few pages, i'd like to add something with some relevance,
I like muffins, thanks for listening, carry on
I like muffins, thanks for listening, carry on
09-17-2010, 01:27 PM
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
FTB we need a cheerleader....STAT!
Cheers
George
Cheers
George
09-17-2010, 01:35 PM
Gets Weekends Off
Joined APC: Jan 2008
Posts: 496
If I am not mistaken, the profit-sharing amount is a percentage of our pretax income. So the amount they've set aside is immaterial with regards to what we'll get. Am I wrong?
09-17-2010, 01:40 PM
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
I don't think that's right. They distribute whatever qualifies, in proportion to your W2. IOW, the W2 is used to differentiate between employees, to determine what proportion of the pot everyone gets. But the size of the pot is a variable, and your part of the loot changes accordingly.
09-17-2010, 01:43 PM
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
I'm sorry... I ask questions, and now I'm thinking I'm not going to wait around for the answers. This is a discussion that will surely be ongoing in a little while, and will only get more... mature over time. It's like a good wine bottle, and I don't want to sip from it too early, or I won't get the full enjoyment.
I'm going to see if the wife and kids are still around.
Have a nice week-end, everyone.
I'm going to see if the wife and kids are still around.
Have a nice week-end, everyone.
09-17-2010, 02:11 PM
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
09-17-2010, 02:41 PM
Gets Weekends Off
Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
Like Carl, overall I'm happy with the way things are turning out. Lets keep our eyes on 2012.
Ferd
Ferd
Last edited by Ferd149; 09-17-2010 at 02:54 PM.
09-17-2010, 02:47 PM
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,238
I don't think that's right. They distribute whatever qualifies, in proportion to your W2. IOW, the W2 is used to differentiate between employees, to determine what proportion of the pot everyone gets. But the size of the pot is a variable, and your part of the loot changes accordingly.
So let me get this straight, someone who got a ton of GS in the summer and is going to have a bigger W-2 is now going to get MORE money with the profit sharing as well?
09-17-2010, 03:05 PM
Gets Weekends Off
Joined APC: Feb 2009
Position: right for a long, long time
Posts: 2,642
my numbers for profit sharing are based off of the Negotiators Notepad on the DALPA website.
Super quick version: DAL pilots make up about 1/3 of the "non-merit pool" employees (i.e. non-management).
Therefore we get about $86.67 Million to divide among the pilots.
If the "average" pilot makes about $140k (that is my number, its a total WAG). Multiply that by about 11000 active pilots.
Take your "total pilot payroll" number and divide that by the 86.67 mil and you get about 5.5-6.5% range with room for error in estimates.
That is how I arrived at my number. YMMV.
Super quick version: DAL pilots make up about 1/3 of the "non-merit pool" employees (i.e. non-management).
Therefore we get about $86.67 Million to divide among the pilots.
If the "average" pilot makes about $140k (that is my number, its a total WAG). Multiply that by about 11000 active pilots.
Take your "total pilot payroll" number and divide that by the 86.67 mil and you get about 5.5-6.5% range with room for error in estimates.
That is how I arrived at my number. YMMV.
Thread
Thread Starter
Forum
Replies
Last Post
