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Delta pays out over $300 million to employees

Wednesday, 13 February 20133 min read

Delta Air Lines has announced that they will pay out $372 million in earned profit sharing as part of the company’s commitment to recognize its 80,000 employees for their role in "achieving financial and operational goals in 2012."

Employees’ individual payouts will equal 6.67 percent of their eligible 2012 earnings.

"This year’s profit sharing payment is a reflection of the hard work and dedication Delta people have shown in delivering what our customers have come to expect – great operations and service," said Delta CEO Richard Anderson

Delta says that in 2012, employees earned $91 million in "Shared Rewards," which combined with profit sharing resulted in a total of $463 million in performance pay for 2012. The company has paid out over $1.1 billion in profit sharing and "Shared Rewards" over the past three years.