Profit Sharing 2013
#2
SLI best wishes!
Joined APC: Feb 2011
Position: B767 Capt
Posts: 399
#4
Gets Weekends Off
Joined APC: Sep 2013
Posts: 940
I had a similiar answer with a different method of getting there, so I think about 4% is right.
I took the ratio of this year to last year 190M (2013) versus 119M (2012) and then bumped it up based on the pay raise we have received. In my case I figure with the higher profit and the pay raise (plus I flew a little more) it will end up being about double the 2012 payout. You can look what you got for 2012 by looking back at a payment on 2-14-2013.
You could get more accurate by comparing your earnings for the two years, but be sure to include only flight pay, vacation pay, and sick pay. Don't include any of the profit sharing from last year, on-time bonus stuff, or other credits to our total compensation. Even with that it will still just be an estimate as we don't know what the total earnings for all employees will be. (or how much that changed)
I took the ratio of this year to last year 190M (2013) versus 119M (2012) and then bumped it up based on the pay raise we have received. In my case I figure with the higher profit and the pay raise (plus I flew a little more) it will end up being about double the 2012 payout. You can look what you got for 2012 by looking back at a payment on 2-14-2013.
You could get more accurate by comparing your earnings for the two years, but be sure to include only flight pay, vacation pay, and sick pay. Don't include any of the profit sharing from last year, on-time bonus stuff, or other credits to our total compensation. Even with that it will still just be an estimate as we don't know what the total earnings for all employees will be. (or how much that changed)
Thread
Thread Starter
Forum
Replies
Last Post