Alaska And Horizon
Airlines Employees Receive $54 Million In Annual Bonuses
By Eddy Metcalf
March 3, 2012 - Alaska Air Group paid annual bonuses totaling $53.8 million today to nearly all of its 12,800 employees for exceeding the company's 2011 operational and financial goals.
The bonus of about 6.7 percent of annual pay, or more
than three weeks pay for most workers, is in addition to
$1,000 in bonuses, on average, that each employee earned
last year for achieving monthly on-time and customer
satisfaction targets. The combined monthly and annual
bonuses amounted to nearly $72 million.
"We received several top honors during the past year,
including being named the most on-time major airline in
North America for the second year in a row and winning
our fourth straight J.D. Power award for customer
service," said Brad Tilden, Alaska Air Group's CEO-elect
and president of Alaska Airlines.
"We earned these awards because of the hard work and dedication of our people. I want to thank them for their focus on running a safe and on-time operation, and for their commitment to our customers."
Nearly $33 million in
annual bonuses, 61 percent of the total is being paid to
some 6,300 Alaska Airlines and Horizon Air employees in the
Puget Sound area. Another $7.6 million is being paid to
employees in the Portland, Ore., area while $5.3 million is
going to workers throughout the state of Alaska.
"We're pleased to reward our employees for
their outstanding efforts and hope these bonuses bring an added
economic stimulus to businesses in the communities we serve,"
Chief Financial Officer Brandon Pedersen said.
"My daughter lives in Italy and is expecting
her first baby in May," said Lupe Fountain, a reservations agent
in Seattle and 22-year Alaska Airlines employee. "My bonus will
pay for a three-week trip for my husband and I to travel to
Milan to visit our first grandbaby."
Julie Jensen-Zarr, an Anchorage-based
customer service agent and 13-year Alaska Airlines employee, is
planning a major vacation. "I'm saving my bonus to take my
husband on a 16-day trip to South Africa for a safari and to
spend three days on a private island in the Indian Ocean
deep-sea fishing," she said. "The trip is planned for April 2013
and what makes it even more special is that my colleague, Carol
Brown, and her husband will join us on this trip."
|blog comments powered by Disqus|
|?AvStop Online Magazine Contact Us Return To News|