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Old 02-06-2012, 06:31 AM
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Default Profit Sharing

Well the PS pay advise are available on Skynet....As suspected my PS (STRIKE FUND) will be quite less...My 2010 and 2011 W2 earnings is off by only $125 dollars, yet my PS is $2300 less...How did that happen? More money available to distrubute $265M in 2011 vs $224M in 2010.

Last edited by LeeMat; 02-06-2012 at 07:22 AM.
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Old 02-06-2012, 07:08 AM
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Why am I not surprised? Another vivid example of why profit sharing should never be a part of a JCBA. Give me SWA pilots pay rates and keep PS.
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Old 02-06-2012, 07:25 AM
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I just checked my profit sharing advice also with similiar results. Profit sharing gross dropped about $1,100 while my pay is up $5,000 from last year.

Somethings screwed up here - I forwarded this info to my local LEC reps.

DCA B767 F/O
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Old 02-06-2012, 12:18 PM
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dont forget to back out any ps recived last year and per diem. they are not ps wages. then again neither are buddy passes etc.

2010 ps was divided into s ual and s cal. each with their own ps program.
2011 all cash went into the same pot and all employees eligible or not were counted in the pie.
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Old 02-06-2012, 01:09 PM
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Originally Posted by LeeMat
Well the PS pay advise are available on Skynet....As suspected my PS (STRIKE FUND) will be quite less...My 2010 and 2011 W2 earnings is off by only $125 dollars, yet my PS is $2300 less...How did that happen? More money available to distrubute $265M in 2011 vs $224M in 2010.
No worries, ALPA hired outside independant auditors to make sure everything was correct. Have seen any reports from them yet ??

I rest my case.
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Old 02-06-2012, 01:13 PM
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Originally Posted by LeeMat
Well the PS pay advise are available on Skynet....As suspected my PS (STRIKE FUND) will be quite less...My 2010 and 2011 W2 earnings is off by only $125 dollars, yet my PS is $2300 less...How did that happen? More money available to distrubute $265M in 2011 vs $224M in 2010.
Let's do the math again !!! 265m - 224m = 41millions.....how much was the PS for CAL this year ?? But hey, it didn't come out of UAL's side pockets .)

Any questions ??
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Old 02-06-2012, 02:46 PM
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Total p.s. is divided by employee group.. whether or not they are going to get paid anything. if an employee group is excluded from p.s. their share of the pool is returned to the company and not put back into the pool. flying together has a p.s. explained section q&a.
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Old 02-06-2012, 03:30 PM
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Originally Posted by block plus:1130316
Total p.s. is divided by employee group.. whether or not they are going to get paid anything. if an employee group is excluded from p.s. their share of the pool is returned to the company and not put back into the pool. flying together has a p.s. explained section q&a.
Define "employee group".
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Old 02-06-2012, 04:15 PM
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employee group... fa's, ramp agents, pilots, schedulers, dispatch,mechs, res agents, eligable managers... from each cba. (upper management has their own p.s. jeff just got over 130,000 shares for ZERO dollars.)
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Old 02-06-2012, 04:20 PM
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https://flyingtogether.ual.com/web/c...fitSharing.jsp link to the Q&A
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