27 February 2014
Employees at Alaska Airlines and Horizon Air are receiving annual bonuses of more than nine percent of their annual pay, or more than five weeks´ pay for most workers.
The bonus is in addition to USD1,150 in 2013 monthly bonuses that most employees earned for achieving on-time and customer satisfaction goals.
The combined monthly and annual bonuses amounted to nearly USD105m, the highest in Alaska´s history, and are part of the company´s incentive-based pay program.
Alaska Airlines, a subsidiary of Alaska Air Group (NYSE: ALK), together with its partner regional airlines, serves nearly 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Its website is at www.alaskaair.com.