Why Delta Air Lines’ $1.6 Billion Bonus Payout To Employees Is A Smart Business Decision

  • 📰 Forbes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Delta Air Lines CEO Ed Bastian announced that he will pay his employees a record-setting $1.6 billion on Valentine's Day

In this bonus bonanza, Delta will be showing the love to about 90,000 employees. The airline has been doing well financially and has produced six consecutive years of solid profits. During this period, the company paid out $1 billion or more in profit-sharing bonuses to its workers each year. This year’s bonus will work out to about two months of pay, almost a 17% increase in compensation.

It's prudent business practice to have upbeat flight attendants who lavish goodwill and attention on the passengers. You want to be on a plane that has pilots, mechanics and support staff who are taken care of financially. It's good marketing as the goodwill felt by the workers leads to satisfied customers who will return and recommend Delta to their family and friends. The profit-sharing bonuses are an investment in the future of Delta.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow!! such a memorable valentine it would be

Congrats,and please do compensate that school too. And be generous to them. One day one of those school kids will be the CEO of Delta Air lines.

maddietaber feel like you would enjoy this

“The airline is also being sued for dumping 15,000 gallons of jet fuel over a school in Los Angeles, dousing young children.” 😳

Wow congratulations

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Photos: Wuhan lockdown amid coronavirus outbreak, road, rail, air shut - Business InsiderFootage and personal accounts from the city at the center of the coronavirus outbreak showed the extreme measures being used to contain the spread. This is like that infection game on mobile but real. Resident evil is coming
Source: BusinessInsider - 🏆 729. / 51 Read more »

Air Canada unveils controversial new Airbus A220 aircraft - Business InsiderAir Canada just added the Airbus A220 to its fleet — see inside the controversial aircraft that Boeing tried to keep out of the US
Source: BusinessInsider - 🏆 729. / 51 Read more »