Profit Sharing - What's the Reason Why We Do What We Do?

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Delta's annual employee appreciation day announced profit sharing to the team of $500 million. "It really puts a bow tie on the year for us, where we generate value for our shareholders," Delta CEO says. The ultimate alignment of an employee to take care of a good customer and let the profits reward them is 'stakeholder capitalism'

With deserted airports, vaccine and mask mandates, and pandemic-prompted staff departures behind it, Delta Air Lines is once again soaring, recently sharing $563 million in profits with its employees. CEO Ed Bastian, in his third appearance on Rapid Response, talks about capitalizing on the big decisions made amid Covid darkness — from airport renovations to investing in free Wifi — and the opportunities and challenges of adding 25,000 new employees over the past year. Sharing insights on managing tumultuous shifts, as well as his evolving perspective on topics from wellness to business travel, Ed reveals the secrets to first class leadership, including the importance of a good night’s sleep.

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