Delta gives 5% pay bump to over 80,000 employees

Fortune04-23

Delta Airlines is giving its workers a raise. The Atlanta-based carrier has announced an across-the-board 5% pay raise for eligible ground employees and flight attendants, which covers more than 80,...

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Additionally, the airline is raising the starting salary of domestic positions to a minimum of $19 per hour.“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,” wrote CEO Ed Bastian in an email to staff. “That’s exactly what you do, and it always sets us apart. And it’s why I’m happy to be announcing our next investment in you.”Bastian, in his note, added that including this most recent raise, the company has “made cumulative investments of 20–25% in compensation in each of our largest frontline workgroups since 2022.”Delta, so far, is the only airline to report a profit for Q1. American Airlines has not yet reported its numbers, but analysts ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4008":"航空公司","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4585":"ETF&股票定投概念","BK4500":"航空公司","BK4588":"碎股","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","DAL":"达美航空"},"translate_title":"达美航空给8万多名员工加薪5%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DAL":0.9},"content_text":"Delta Airlines is giving its workers a raise.\nThe Atlanta-based carrier has announced an across-the-board 5% pay raise for eligible ground employees and flight attendants, which covers more than 80,000 workers. Additionally, the airline is raising the starting salary of domestic positions to a minimum of $19 per hour.\nThe raises will be effective June 1.\n“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,” wrote CEO Ed Bastian in an email to staff. “That’s exactly what you do, and it always sets us apart. And it’s why I’m happy to be announcing our next investment in you.”\nBastian, in his note, added that including this most recent raise, the company has “made cumulative investments of 20–25% in compensation in each of our largest frontline workgroups since 2022.”\nThe salary increase comes roughly two months after Delta’s annual profit-sharing payment to workers. On Valentine’s Day, the carrier doled out $1.4 billion to its workers, a bonus check that worked out to 10.4% of their annual salary. That’s more than double what the airline handed out last year and significantly higher than the $108 million that was shared in 2022. Since starting the profit-sharing program in 2007, Delta says it has given its employees $11 billion.\nNext year’s profit-sharing pool is already off to a good start as well. Following the airline’s strong first quarter, Delta has set aside $125 million in profit sharing funds, which is $50 million more than it did in the first quarter of 2021.\nDelta, so far, is the only airline to report a profit for Q1. American Airlines has not yet reported its numbers, but analysts are expecting a quarterly loss of 28 cents per share.\nThis story was originally featured on Fortune.com","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429431145"}