Profit Sharing 2013
02-12-2014, 03:58 PM
#51
On Reserve
Joined APC: Jun 2007
Posts: 10
From the Profit Sharing Elections Page:
United will announce 2013 year-end results at the end of January 2014. In the event we post a profit for 2013, we would like to offer eligible co-workers the opportunity to contribute a percentage of profit sharing payments to your company-sponsored retirement savings account (e.g., 401(k) or PDAP or UK Group Stakeholder Plan). Co-workers with less than one year of service as of December 31, 2013, Directors and above as well as some other positions are not eligible for profit sharing and should not submit entries on this website, as they will not receive profit sharing.
Good thing I didn't spend that money!
United will announce 2013 year-end results at the end of January 2014. In the event we post a profit for 2013, we would like to offer eligible co-workers the opportunity to contribute a percentage of profit sharing payments to your company-sponsored retirement savings account (e.g., 401(k) or PDAP or UK Group Stakeholder Plan). Co-workers with less than one year of service as of December 31, 2013, Directors and above as well as some other positions are not eligible for profit sharing and should not submit entries on this website, as they will not receive profit sharing.
Good thing I didn't spend that money!
02-12-2014, 04:37 PM
#52
Gets Weekends Off
Joined APC: Apr 2012
Posts: 639
From the Profit Sharing Elections Page:
United will announce 2013 year-end results at the end of January 2014. In the event we post a profit for 2013, we would like to offer eligible co-workers the opportunity to contribute a percentage of profit sharing payments to your company-sponsored retirement savings account (e.g., 401(k) or PDAP or UK Group Stakeholder Plan). Co-workers with less than one year of service as of December 31, 2013, Directors and above as well as some other positions are not eligible for profit sharing and should not submit entries on this website, as they will not receive profit sharing.
Good thing I didn't spend that money!
United will announce 2013 year-end results at the end of January 2014. In the event we post a profit for 2013, we would like to offer eligible co-workers the opportunity to contribute a percentage of profit sharing payments to your company-sponsored retirement savings account (e.g., 401(k) or PDAP or UK Group Stakeholder Plan). Co-workers with less than one year of service as of December 31, 2013, Directors and above as well as some other positions are not eligible for profit sharing and should not submit entries on this website, as they will not receive profit sharing.
Good thing I didn't spend that money!
Crap. Sorry new guys, that sucks. My apologies to Mrmak2, you were right, I was wrong.
02-12-2014, 06:28 PM
#55
Gets Weekends Off
Joined APC: May 2007
Position: A320 Captain
Posts: 1,982
From the Profit Sharing Elections Page:
United will announce 2013 year-end results at the end of January 2014. In the event we post a profit for 2013, we would like to offer eligible co-workers the opportunity to contribute a percentage of profit sharing payments to your company-sponsored retirement savings account (e.g., 401(k) or PDAP or UK Group Stakeholder Plan). Co-workers with less than one year of service as of December 31, 2013, Directors and above as well as some other positions are not eligible for profit sharing and should not submit entries on this website, as they will not receive profit sharing.
Good thing I didn't spend that money!
United will announce 2013 year-end results at the end of January 2014. In the event we post a profit for 2013, we would like to offer eligible co-workers the opportunity to contribute a percentage of profit sharing payments to your company-sponsored retirement savings account (e.g., 401(k) or PDAP or UK Group Stakeholder Plan). Co-workers with less than one year of service as of December 31, 2013, Directors and above as well as some other positions are not eligible for profit sharing and should not submit entries on this website, as they will not receive profit sharing.
Good thing I didn't spend that money!
This contradicts what happened last year.
I returned to the Cal side Sept 2012. I got paid a small amount of profit sharing for the year based on my earnings those 3.5 months I was there.
IMO, the money should be paid as a percentage of your earnings...period. I think that one year of service BS was meant to exclude new hires. I don't agree with that in principle...but it should definitely not apply to a U-hire that is returning.
02-12-2014, 07:53 PM
#56
Gets Weekends Off
Joined APC: Apr 2012
Posts: 639
02-13-2014, 06:30 AM
#60
Gets Weekends Off
Joined APC: Jan 2011
Position: A Nobody
Posts: 1,559
I have to assume they will not deposit money without cutting some form aof check first. Since there is not a PS check in my online file as of this morning I have to also assume the "pending deposit" is just regular pay.
Hope I'm wrong.
Hope I'm wrong.
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