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Alaska Air pays 9% bonus to everyone on payroll

by on
in Small Business Tax Deduction Strategies

Every employee of Alaska Air Group pocketed an extra month’s pay in February when the organization paid record annual bonuses totaling $72 million.

The 9% bonuses came after the airline’s 12,600 employees helped the organization exceed its 2010 operational and financial goals. That’s in addition to $1,000 to $1,200 in bonuses that each employee earned last year for achieving on-time and customer satisfaction targets.

The two bonus programs combined amounted to $85 million.

Bonuses in the performance-based pay plan were determined by meeting specific companywide targets on safety measures, customer service satisfaction, cost control and profit. Annual bonuses have averaged nearly 5% since the plan began in 2003.

Contact: Bobbie Egan of Alaska Air Group, (206) 392-5134.

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