Following a payout of $1.4 billion in profit sharing bonuses, Delta is investing in frontline employees by raising the minimum starting wage to $19 an hour and providing employees across the company with a 5% pay raise.
In an internal memo, CEO Ed Bastian announced Monday the raise comes as Delta continues to invest in industry-leading total compensation to reward operational excellence and customer care.
With this investment, which will take effect on Jun 1, 2024, Delta continues to lead with industry-leading total compensation for industry-leading performance in all work groups. Including this 2024 raise, Delta has made cumulative investments of 20-25% in compensation in each of our largest frontline workgroups since 2022.
“Delta’s leading position comes thanks to a simple concept that dates back nearly a century – invest in our people first, and they will deliver great service and experiences for our customers,” Bastian said in a memo to all employees. “That’s exactly what you do, and it always sets us apart.”
Sharing success is a foundational component of Delta’s values-driven business model and a core aspect of the company’s culture. Delta created its profit-sharing structure after the turbulent period the airline industry underwent in the early 2000s, as leaders worked to boost employee morale and cultivate a workplace of gratitude and teamwork.
The pay increases complement profit-sharing, which has paid out over $11 billion to employees since the program’s inception in 2007. Like profit-sharing, wage increases remain an important part of Delta’s efforts to reward the people who make Delta America’s most awarded airline. In the last 15 years, Delta has provided 12 base pay increases that add up to an average of 85% increase in base pay.
Delta continues to lead the industry in profit sharing and total compensation, with this year’s total greater than the pool of all U.S. peer airlines combined. And in the first quarter of 2024, Delta is already tracking ahead of last year – accruing $125 million for profit sharing.
Profit sharing and competitive base pay are just the beginning of Delta’s employee financial wellness commitment. Delta also matches up to 6% plus a fixed contribution of 3% to 401(k) retirement savings; pays up to $100 monthly shared rewards for achieving operational goals; offers free financial coaching with the ability to earn $1,000 for emergency savings; and much more.
We just booked our QATAR 🇶🇦 HÔTEL yesterday for 2 différent short stars of 2 nights and 3 nights for the Final… https://www.14sb.com/fifa-world-cup-hotels.html . Not exactly cheap but ok price for 4.5 Stars luxury and in Doha Center City! Thanks and Good Luck everyone! Vamos MEXICO!
Wow! Stunning! Hilton seems to be taking Africa by storm. Just a couple of years back, they opened the first ever in Eswatini.
Wonderful event and topics discussed, hopefully we see the manifestations in our African airline businesses in the nearest future. Kudos to you all.
Hi, I'm Lucy. Please how do I embark on my travel/ tour business. I am newbie and help..
Prices in the Sol Torremolinos Don Pablo are the same than two weeks ago.
Good location astounding but the staffs are rude and they make me wait so long for the service. They charge me more than what is on the website and did not refund me the manager is not helping with the issue
WoW. Amazing Review. 👍
I spent the holidays here, I don't know why but during the holidays their reception smells like a piss Id rather not spend my special occasions here
Thank you for sharing such a detailed review about ethiopian airlines in your post. I am an avid traveller and keep reading flight reviews to assess the options available. Your review particularly drew my attention because you have shared so many pictures to capture every aspect of the flight experience. It is a very nice effort.
More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html
I am really tempted to book the next ethiopian airlines ticket and relive your journey. The pictures shared with the post also reflect that you truly enjoyed the travel. Great post! I also like the fact that you have covered nuances about the food and entertainment service through the pictures. It helps people know what to expect on their travel by this airline.
More Info : https://www.cleartrip.ae/flight-booking/ethiopian-air-airlines.html