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.
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.
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