Sunday, August 22, 2010

PROFIT SHARING

PROFIT SHARING

DELTA: 15% cash payout on profits of first $1.5 billion and 20% on profits over $2.5 billion.

NORTHWEST: 10% cash payout if pretax margin is less than or equal to 10% and 15% payout on overage if greater than 10%.

DELTA: Profit sharing begins at first dollar of profit.

NORTHWEST: Profit sharing begins after the first $1 million of profit.

DELTA: 2007 actual payout equaled 5.5% of pay.

NORTHWEST: 2007 actual payout equaled 3.77% of pay.