gutshotdraw
ZERT Wilson CQB User
- Joined
- May 6, 2005
- Posts
- 3,226
A good portion of Delta's executive team including the CEO came from Northwest. Delta's pilot union clearly seems to be happy with how their profit sharing is structured. So what is different in their current profit sharing plan versus what NWA offered?
The concept has merit and has been proven to work, but you are right, it can't be so convoluted that people cant understand it or the executives can game it.
The "profit sharing" plan at Northwest was conjured up by Doug Steenland and his administration. The same bunch that drove the airline into the ditch with the strike in '98. Steenland was the second-worst aviation CEO I have ever witnessed (following our recently departed dipstick).
Richard Anderson is an entirely different kind of guy. He was well liked at NWA (for a management guy anyway) and has done a great job at Delta IMHO. He actually understands that well-motivated and happy employees results in happy customers and the profits take care of themselves. The current profit sharing plan at Delta is reasonable because it is actually OBTAINABLE.
The caveats and conditions that our dear, departed dipstick included in his proposal were ludicrous.