SEATTLE, Jan. 25, 2019 /PRNewswire/ -- Employees of
Alaska Air Group companies Alaska Airlines and Horizon Air are
receiving $120 million in incentive
bonuses today. For most employees, this equates to more than 6.5
percent of their annual pay in 2018.
The company's annual bonus, called Performance Based Pay (PBP),
is determined by meeting or exceeding specific company-wide goals
for safety, customer satisfaction, cost control, customer loyalty
and profit.
"After a year of hard work, we're incredibly grateful for our
22,000 fantastic employees who go the extra mile to put safety
first and deliver the kind-hearted service we're known for," said
Ben Minicucci, Alaska Airlines'
president and COO. "For the 10th year in a row, our
employees have earned bonuses by exceeding targets for meeting
our annual and monthly goals. On behalf of the entire leadership
team, thank you for another incredible year."
The PBP bonus is in addition to the approximately $15.7 million in monthly operational bonuses
that employees earned over 2018 for achieving monthly on-time and
customer satisfaction goals. The combined monthly, annual and
one-time bonuses paid to employees total $136 million.
Geographic breakdown:
- About $66 million in annual
bonuses — nearly 55 percent of the total — is being paid to Alaska
Airlines and Horizon Air employees across Washington
- $28 million — or 24 percent of
the total — is going to employees throughout California
- $12 million is being paid to
employees in Oregon
- $8 million is going to employees
throughout the state of Alaska
The employee bonuses come two weeks after the airline announced
its 2019 jobs forecast and Washington economic impact study, highlighting
the $7 billion Alaska has contributed to the state economy.
Learn more about the study at
https://blog.alaskaair.com/alaska-airlines/2019-hiring-forecast/.
Alaska Airlines and its regional partners fly 44 million guests
a year to more than 115 destinations, with an average of 1,200
daily flights across the United
States and to Mexico,
Canada and Costa Rica. With Alaska and Alaska Global Partners, guests
can earn and redeem miles on flights to more than 900 destinations
worldwide. Alaska Airlines ranked "Highest in Customer Satisfaction
Among Traditional Carriers in North
America" in the J.D. Power North America Airline
Satisfaction Study for 11 consecutive years from 2008 to 2018.
Learn about Alaska's
award-winning service at newsroom.alaskaair.com and
blog.alaskaair.com. Alaska Airlines, Virgin America and Horizon Air
are subsidiaries of Alaska Air Group (NYSE: ALK).
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SOURCE Alaska Airlines
