Delta Air Lines Just Made a Big Announcement That Will Make Delta Employees Very Happy
Here's what it means for American, United, Southwest--and even your business
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It's also about something even bigger: a smart way to compensate employees and build a culture where they might be motivated to do just a little bit extra for your company.
The announcement was about employee profit-sharing. Delta CEO Ed Bastian revealed the total number a bit earlier than usual this year: $1.6 billion.
It's the biggest profit-sharing figure in corporate history, according to Delta, and it marks the sixth year in a row that it's above $1 billion.
A Delta connection?
You can imagine the positive reaction from Delta employees. It should all work out to about two months' extra salary.
In fact, Delta's profit-sharing numbers have been much larger than other airlines in recent years. Couple that with some other Delta news of late:
- Delta claims now to be the biggest U.S. airline based on revenue, and one of the world's most profitable.