#Roommates, if you’re lucky enough to be an employee of Delta, then Christmas is about to come back around. According to reports, since Delta had such a phenomenal financial year in 2019, they are spreading the love with billions in bonuses…yes, billions.
@CNN reports, Delta is stepping up in a major way to thank its employees—and a verbal “thank you” is apparently not enough. The company just announced that employees will receive two months extra pay, which translates to $1.6 billion in profit-sharing bonuses. Every eligible employee will receive a check in February for 16.6% of their annual salary.
Full-time and part-time employees, whether they are part of the union or not, can expect to receive checks. The only employees excluded from the profit-sharing plan are the company’s officers, directors and general managers, although they will be paid through own performance-based bonuses. The payout to employees is a record amount for Delta, making its 2019 bonuses the most the company has ever given.
It also makes the sixth year in a row that Delta has paid out more than $1 billion to employees. The company’s widely-praised profit-sharing plan started in 2012 following Delta’s merger with Northwest airlines. Employees also receive 401(k) match and various other bonus programs.
Delta CEO Ed Bastian, firmly stated, “Delta would be nothing without our 90,000 people. They deserve all the credit.”
We wouldn’t be surprised if the company receives a large amount of resumes following this news.
Roommates, what are your thoughts on this?