You are required to login to view this page. You must be a member of TWU Local 514.
New Profit Sharing Program
Tag: profit sharing
2013 – Profit Sharing
An update on the profit sharing not showing in epays. The fix is supposed to be in place by 11:00 am, but in the until that time, if employees check their bank accounts they should see the monies deposited. The issue wasn’t with the “checks being cut” it was just an IT issue with it…
2013 profit sharing pays out on March 13
We’re happy to let you know that eligible employees of both airlines will receive a profit sharing payout for 2013. Eligible employees of legacy American will share a total of $85 million and legacy US Airways employees will share a total of $124 million. Have questions? We know you do. So, we’ve put together a…
Profit Sharing, 2013
As we have heard from American Airlines, We will be receiving profit sharing for the year 2013. At this time we do not know the amount each will receive. We do know that AA stated that whatever the amount we will be the TWU profit sharing payout is eligible for the Company 401k match of up…
Lower your taxable income by contributing your upcoming 2013 profit sharing payout to your 401(k)
As we shared in late January, thanks to your hard work throughout the past year, eligible employees of both legacy US Airways and legacy American will receive a profit sharing payout for 2013 in mid-March. Employees eligible for their legacy airlines’ payout will have the opportunity to make a special deferral election to be applied…
2013 Profit Sharing Payout
SOURCE: https://newjetnet.aa.com/docs/DOC-2405 (Posted on Jetnet Sep 30, 2013 3:19 PM) 1. Who is eligible to participate in American Airlines’ 2013 Profit Sharing plan? All American Airlines U.S.-based represented employees, Agents, Representatives and Planners, Support Staff and Managers levels 5 and below are eligible for 2013 profit sharing. The profit-sharing structure varies among employee groups as a result of…
LETTER OF MEMORANDUM — 12 — Profit Sharing Plan
RE: Profit Sharing PlanDear Robert, This letter will confirm our understanding reached during the negotiations leading up to the agreement signed on September 12, 2012. American Airlines will establish a profit sharing arrangement (the “Profit Sharing Plan”) that will allow eligible employees, including TWU represented employees, the opportunity, as described below, to share in the…
More Details on the MOU with US Airways
From Bobby Gless, February 1, 2013 TO: AA Locals 501 – 568 RE: MOU Dear Brothers & Sisters: I have received a number of calls about the MOU that we posted on the website on Monday. Therefore, I asked the Director of Strategic Research to provide an explanation of how a 4.3% raise compares to…