Forbes contributors publish independent expert analyses and insights. Charlotte-based reporter Ted Reed covers airlines and airline labor. This story was updated at 11:45 a.m with a comment from the ...
A profit-sharing plan gives employees a portion of the profits a company earns. This type of retirement plan, which is also known as a deferred profit-sharing plan, provides a discretionary percentage ...
Companies of all types and sizes use profit sharing schemes to keep employees engaged, motivated and satisfied. Profit sharing turns each employee into an entrepreneur, rewarding them for going above ...
“Profit sharing” is a type of compensation paid to employees by companies. Payment of a profit sharing bonus to non-management employees typically takes place at the discretion of the company and does ...
A profit sharing plan is one way to give your employees a vested interest in making the company more successful. The more profitable the company is, the more profit there is to share and that means ...
Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago. The payments, which more than 100,000 Delta employees received Wednesday, come to ...
Ford announced Thursday in its earnings report that its UAW employees will receive profit-sharing checks averaging $9,176 this year. Checks will be distributed March 9. That's up from $7,377 for ...
Southwest Airlines will share $230 million with its employees after pulling in a $977 million profit for 2021, bringing back a perk that disappeared in 2020 due to steep losses from the COVID-19 ...
Stellantis workers who are represented by the UAW are in line to get profit-sharing checks this year that could total $13,860, a drop from last year but still the highest payout among the Detroit ...
(CBS Detroit) --Ford's union workers can expect a big payday soon as the company announced they will receive a profit-sharing check an average of $7,377 -- double the amount from last year. According ...
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 ...