Delta Air Lines said it has plans to provide a 4 per cent pay rise to eligible employees worldwide.
The move is a significant investment as the airline continues to navigate industry pressures
The decision to provide pay rise for employees followed a $1.3 billion profit sharing bonus to employees worldwide this year.
With this development, Delta is once again investing in its people with a 4 per cent pay raise.
This is the fifth consecutive pay raise in the last five years and it represents an additional $500 million annual investment in employees.
In an internal memo to employees, the Chief Executive Officer(CEO), Delta Air Lines, Ed Bastian, said despite industry pressures, “Caring for our people is the heart of Delta’s culture. This core value guides our approach to making consistent and meaningful investments in you and your colleagues.”
Bastian thanked employees for navigating industry challenges like volatile fuel costs and TSA staffing challenges with a focus on safety, reliability and delivering the world-class service our customers expect.
With this increase, Delta continues to lead the industry in providing the highest total compensation for frontline employees for stand out performance.
“In the last five years, we’ve made an average investment of 30% in compensation in each of our largest frontline workgroups, including this increase,” Delta Air Lines said.
On sharing its success with employees, Delta said that the people drive its success, which is why the airline’s compensation philosophy is rooted in shared success.
” When Delta does well, employees share in the results, such as annual pay raises and this year’s profit sharing payout that was more than the rest of the industry combined.
Delta is consistently recognised for excellence as an employer, climbing to the top 10 on the Fortune 100 Best Companies to Work For® list, which is selected by workplace culture experts at Great Place To Work every year.
Delta is the only commercial airline on the list.
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