Profit sharing speculation

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08-26-2015, 04:05 PM

#11

UALinIAH

Gets Weekends Off

Joined APC: May 2015

Position: 777 CA

Posts: 1,039

Quote:

Originally Posted by Sniper66

So on 38.5 billion sales if we profit 3.5 billion that more than 6.9% therefore 10 percent profit for up to the 6.9% and the rest 2.5% percent profit we get 20% correct?

Yep. Everything above the 6.9% threshold is 20%

08-26-2015, 05:16 PM

#12

Probe

Don't say Guppy

Joined APC: Dec 2010

Position: Guppy driver

Posts: 1,926

Quote:

Originally Posted by krudawg

I like the tie-in with Josh Duggar - very timely and your point is right on the mark

Oh come on. Josh is just needs a little counseling. He is just misunderstood.

08-26-2015, 05:54 PM

#13

Grumble

Gets Weekends Off

Joined APC: Nov 2009

Posts: 5,244

Flew with a numbers/finance guy a few weeks ago. He said based on current earnings projections, a guy making $100k could expect between $17-19k in profit sharing. Take it for what it's worth, I'm not a math major and couldn't tell you if that's feasible or not.

08-26-2015, 06:00 PM

#14

griego

Line Holder

Joined APC: Jan 2008

Posts: 66

Does anyone know how/when new-hires get to participate in PS? I know we are not eligible during our first year, but if I was hired in May of 2015 then will I be eligible from May-Dec of 2016?

08-26-2015, 06:13 PM

#15

worstpilotever

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Joined APC: Feb 2014

Position: Head pillow fluffer, Assistant bed maker

Posts: 1,315

Negative....must be on property for the calendar year.

08-26-2015, 06:16 PM

#16

Grumble

Gets Weekends Off

Joined APC: Nov 2009

Posts: 5,244

Quote:

Originally Posted by griego

Does anyone know how/when new-hires get to participate in PS? I know we are not eligible during our first year, but if I was hired in May of 2015 then will I be eligible from May-Dec of 2016?

Your first PS check will be Jan 2017.