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Delta Air Lines Announces Record-Breaking Profit Sharing Payout
Delta Air Lines announced in a press release Friday morning that it’s employees will receive a total $1.1 billion payout as part of their profit sharing program. This will be the fifth consecutive year the airline rewards it’s employees, on top of being the largest payment in the programs history.
“At Delta, we believe that people, values and culture drive our success,” said CEO Richard Anderson. “We call it the ‘Delta Difference.’”
Profit sharing is part of Delta’s Shared Rewards program which was launched in May, 2007 shortly after the company’s emergence from Chapter 11 Bankruptcy. Shared Rewards also includes bonuses to employees who meet or exceed monthly corporate goals.
“It is essential for our employees to have an ownership stake in our business and share in the record-breaking achievements they helped create,” Anderson continued. He then went on to thank the 80,000 employees that “made 2014 an exceptional year by taking great care of our customers.”
Delta employees saw a 13 percent increase in rewards this year, compared to last year when they made a collective $84 million. Over the history of the program, a total $2.9 billion has been earned by Delta’s employees.
Employees took to social media to celebrate their earnings:
— Gail Grimmett (@ggnyc1) February 13, 2015
— Delta Air Lines News (@DeltaNewsroom) February 13, 2015
Happy Profit Sharing Day to my Delta family!
— Sarah Mueller (@fballandheels) February 13, 2015
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