ASA Performance Plus Payout increases!

[mtsupilot376]

5.09.08

Employees get Performance Plus payout today for 1Q08 performance; Brad announces PP plan changes to put more money in employees’ pockets.

On the heels of a tough first quarter for weather and high fuel prices, ASA still managed to pull in a profit thanks to the efforts of front-line people companywide. As a result, eligible employees will be receiving a Performance Plus check today while Brad announces a modification to the plan for next quarter that is designed to put more money in employees’ pockets.

The new Performance Plus+ program will increase the total reward potential for all ASA employees, while sharing equal rewards among all eligible ASA people for operational performance.

 

[WalterSobchak]

Just out of curiosity and comparison's sake...how much did ASA's operational bonus pay out for 1Q08?

 

[AV8700]

Just out of curiosity and comparison's sake...how much did ASA's operational bonus pay out for 1Q08?

Not much, thats why they are making the changes. $530, 320 take home after tax and union dues.

 

[Beergut]

Not much, thats why they are making the changes. $530, 320 take home after tax and union dues.

It may not be much but it's 100% better than our old profit sharing plan. Hopefully the new and improved plan will show much better results.

 

[jstyle13]

Just out of curiosity and comparison's sake...how much did ASA's operational bonus pay out for 1Q08?

5th year captain on reserve and i cleared $250. Was really hoping for a much higher number. Not sure what the 1Q net profit margin was but mabye it was low? MAbye the next one will be better with the new payout matrix.

 

[atlcrashpad]

I'm rollin' in da dolla's now bouyyyyyyy....
Blunt's fo errbody..... Bouyyyyyyyyyyyyy.....

 

[Stifler's Mom]

...and unfortunately, our first year pilots aren't sharing in this. Maybe Brad will fix this too.