Delta Air Lines had a very good year last year. Instead of just verbally thanking its employees for the company’s strong performance, it announced it would pay them $1.6 billion in profit-sharing bonuses.
The profit payout to employees for 2019 is a record amount. It is also the sixth year in a row that the company has paid out more than $1 billion to workers, a Delta spokesperson said. The profit-sharing plan started in 2012 following Delta’s merger with Northwest.
The company’s profit-sharing bonus is on top of all the other financial benefits it normally provides employees, such as a 401(k) match and other bonus programs for rank-and-file workers, according to the spokesperson.
Full-time and part-time workers, whether or not they’re unionized, will be getting checks. The only people excluded from the profit-sharing plan are the company’s officers, directors and general managers, although they will be paid their own performance-based bonuses CNN reported.