I really love to come across stories like this.
A successful company - fully recognizing that success is a direct result of its' employees.
And taking action to recognize those employees.
Southwest Airlines had a particularly rough 2019, but it still managed to turn a profit. As part of an annual tradition, Southwest is sharing that profit with employees.
The airline announced Thursday it's giving 60,000 employees a $667 million profit-sharing bonus. That means some eligible employees will soon receive 12.2% of their annual salary, which is the equivalent of roughly an additional six weeks of pay. Other employees will get the contribution added to their retirement accounts.
"Our employees delivered outstanding results despite a challenging year, and it's a pleasure to reward our people for all they contribute to our continued success," said Southwest Airlines CEO Gary Kelly in a statement.
(https://www.cnn.com/2020/02/06/business/southwest-airlines-profit-sharing/index.html)
Catch that?
6 weeks of pay!! WOW
This favorable treatment and positive recognition of employees makes it very clear why Southwest continues to rank high in employee satisfaction.
From February 2019:
This year marks the 10th consecutive year in a row that Southwest Airlines has ranked as one of Glassdoor’s Best Places to Work, based off of reviews and satisfaction from company employees themselves.
(https://www.travelandleisure.com/airlines-airports/working-for-southwest-airlines-career)
Treat your employees right....... they will not just perform....... they will EXCEL!
Grace & Peace & Love to you all -
Matt