Alaska Air Group pays $54M in employee bonuses
SEATTLE (AP) — Alaska Air Group paid almost $54 million in annual bonuses Wednesday to nearly all of its 12,800 employees for exceeding the company's 2011 operational and financial goals.
The bonus amounts to nearly 7 percent of annual pay or more than three weeks' salary for most workers.
Nearly $33 million or 61 percent of the total goes to some 6,300 Alaska Airlines and Horizon Air employees in the Puget Sound area. Nearly $8 million goes to 2,100 employees in Portland, more than $5 million to 1,600 workers in Alaska, and nearly $5 million to 1,300 workers in California.
Spokeswoman Bobbie Egan says Alaska is among the top airlines in profit-sharing bonuses per employee.
Alaska and Horizon airlines serve 90 cities in the United States, Canada and Mexico.