Delta gave its employees 2 months of extra pay. Here's why that's good business - News Summed Up

Delta gave its employees 2 months of extra pay. Here's why that's good business


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. They deserve all the credit," Delta CEO Ed Bastian said on LinkedInThe 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 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.


Source: CNN January 20, 2020 16:06 UTC



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