Delta gives 5% pay bump to over 80,000 employees [Fortune]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Fortune
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. The raises will be effective June 1. “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.” The 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 th
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DAL
Earnings
- 4/10/24 - Beat
DAL
Sec Filings
- 4/30/24 - Form 4
- 4/29/24 - Form 144
- 4/26/24 - Form 8-K
- DAL's page on the SEC website