This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Feb. 14, 2014 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today will pay its employees more than a half-billion dollars in earned profit sharing – the highest payout in company history – in recognition for their industry-leading performance in 2013. Employees' individual payouts will equal 8.26 percent of their eligible 2013 earnings.
"Thank you to Delta's nearly 80,000 people worldwide who made 2013 a banner year for Delta through the strong work ethic and values they demonstrate every day," said Delta CEO
Richard Anderson. "This year's profit sharing payment is a reflection of their hard work and of our conviction that if we take care of our employees, they take care of our customers and that enables our shareowners to succeed."
Along with base pay, Delta provides employees with additional compensation elements like profit sharing, designed to allow employees to earn more when the company performs well. Additionally, Delta employees can earn monthly bonuses for meeting corporate operational goals throughout the year, known as Shared Rewards.
In 2013, Delta employees help achieve the corporate financial and operational goals earning
$91.7 million in Shared Rewards, which, combined with profit sharing, totals
$598 million in bonus performance pay for the year. Delta has paid out nearly
$1.7 billion in profit sharing and Shared Rewards during the past four years.
Today, hundreds of employee celebrations are happening at Delta facilities across its global network.
Delta Air Lines serves nearly 165 million customers each year. This year, Delta was named the 2014 Airline of the Year by Air Transport World magazine, marking the first time in a decade that a North American-based carrier has earned the distinction. With an industry-leading
global network, Delta and the
Delta Connection carriers offer service to 322 destinations in 59 countries on six continents. Headquartered in
Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 700 aircraft. The airline is a founding member of the
SkyTeam global alliance and participates in the industry's leading
trans-Atlantic joint venture with
Air France-KLM and
Alitalia as well as a newly formed joint venture with
Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with hubs in
Paris-Charles de Gaulle,
Salt Lake City and
Tokyo-Narita. Delta has invested billions of dollars in airport facilities and global products, services and technology to enhance the customer experience in the air and on the ground. Additional information is available on
Facebook.com/delta and Delta's blog
SOURCE Delta Air Lines