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Delta Air Lines announced today that it is making some positive changes to the way that employees are compensated. All non-union employees will receive a 5% pay increase and $19 will be the airline’s new starting minimum wage. This is in addition to Delta’s generous profit sharing. It paid out $1.4 billion in February.
These new wages represent a cost of $500 million annually across the company. This is Delta’s third pay increase in the past few years with a 5% raise in April 2023 and 4% added in May 2022. All non-union employees (this excludes pilots) will see this increase effective June 1st. Delta continues to lead the industry in compensation for all work groups. Delta has made cumulative investments of 20% to 25% in compensation since 2022. Delta’s profit sharing is also the most generous in the industry. The $1.4 billion in bonuses paid in February equals around 10.4% per eligible employee.
Ed Bastian, CEO of Delta Air Lines, said in a memo to employees:
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. That’s exactly what you do, and it always sets us apart.”
Anthony’s Take: This is great news for Delta employees. I have seen first hand how most employees seem to enjoy what they do and that they are part of the Delta family. Kudos to management for compensating them appropriately.
(Image Credits: Delta Air Lines.)
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