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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED » NEWS NOW Log shortage forces another round of layoffs at Rough & Ready ... House fire displaces west Medford family ... Wyden meets in Medford to discuss fight against opioid abuse ... Log shortage forces another round of layoffs at Rough & Ready ... House fire displaces west Medford family ... Wyden meets in Medford to discuss fight against opioid abuse ... Delta Air Lines is giving its employees a $1.5 billion reward (DAL) Comment By Benjamin Zhang MailTribune.com By Benjamin Zhang Posted Feb. 13, 2016 at 6:03 PM By Benjamin Zhang Posted Feb. 13, 2016 at 6:03 PM » Social News REUTERS/Shannon Stapleton Delta Air Lines announced on Friday that its 80,000 employees will receive $1.5 billion in profit-sharing. According to the airline, this is the largest amount ever paid out in the history of profit-sharing programs. For Delta's employees, individuals will receive the equivalent of 21% of their annual compensation. "We are often asked what makes Delta different,” Delta CEO Richard Anderson and President Ed Bastian said in a memo to employees. "The difference is you. Our unique people-focused culture is the advantage that none of our competitors can match." According to AirwaysNews , Delta's profit-sharing plan is structured to so that employees are returned roughly 10% of profits, but can escalate to 20% if the company earns more than $2.5 billion a year. Delta is coming off of a stellar 2015 in which the company reported adjusted, pre-tax profits of $5.9 billion. This latest round of profit-sharing comes on the heels the $1.1 billion the airline paid out to employees in February of 2015. In total, Delta states that it has doled out a total of $4.1 billion in profit-sharing and other performance rewards over the past five years. Employees at fellow legacy carrier, United, earned $698 million in profit sharing for 2015 while American Airlines does not engage in the activity. Earlier this month, Anderson announced that he will retire from his role as CEO in May and will be succeeded by Bastian. NOW WATCH: Here�s how Shark Tank�s Daymond John beats out the other Sharks to score a deal See Also: I flew business class across the world on a top-rated airline and came home on Delta � here's how they stacked up The CEO of Delta Air Lines is retiring JetBlue wants to invest in startups SEE ALSO: Check out Jackie Chan's new $20 million private jet By Benjamin Zhang MailTribune.com By Benjamin Zhang Posted Feb. 13, 2016 at 6:03 PM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2016 Local Media Group, Inc. All Rights Reserved. Privacy Policy | Terms of Service | Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501