How do you show employees that you are thankful for their hard work? How about handing out $88 million in bonuses!
Alaska Air Group paid annual bonuses totaling nearly a month’s pay to nearly 13,000 employees for exceeding the company’s 2012 operational and financial goals.
The bonus of about 8 percent of annual pay is in addition to the $1,100 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 $88 million.
“We’re pleased to share the company’s financial success with our amazing employees at Alaska Airlines and Horizon Air,” Alaska Air Group CEO Brad Tilden said. “Their teamwork and dedication to our customers are at the heart of our success. On behalf of the leadership team, I want to thank and congratulate our people for their outstanding efforts.”