{"id":2876,"date":"2012-02-15T09:13:52","date_gmt":"2012-02-15T09:13:52","guid":{"rendered":"http:\/\/newspaper.ctsi-logistics.com\/?p=2876"},"modified":"2012-02-15T09:13:52","modified_gmt":"2012-02-15T09:13:52","slug":"united-continental-shares-quarter-billion-dollars-profit-with-employees","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/united-continental-shares-quarter-billion-dollars-profit-with-employees\/","title":{"rendered":"United Continental shares quarter billion dollars profit with employees"},"content":{"rendered":"<div>Employees share in the company&#8217;s success<\/div>\n<p><strong>CHICAGO<\/strong>-United Continental Holdings, Inc. will distribute today $265 million in profit sharing to employees based on the combined full-year financial results of its subsidiaries, United Airlines and Continental Airlines. The company is paying eligible employees approximately 5 percent of their annual pay for profit sharing.<\/p>\n<p>\u201cMy co-workers worked together all year to deliver solid financial results, reliable operational performance and excellent customer service,\u201d said Jeff Smisek, United Continental Holdings&#8217; president and CEO. \u201cWe are sharing the results of working together by distributing more than a quarter of a billion dollars in profit sharing.\u201d<\/p>\n<p>Smisek will deliver profit-sharing checks to employees today at the airline&#8217;s hubs at Bush Intercontinental Airport in Houston and O&#8217;Hare International Airport in Chicago. Other officers of the company are traveling to locations around the globe to distribute profit sharing to employees.<\/p>\n<p>In addition to profit sharing, co-workers of the combined company earned cash incentive payments for on-time performance totaling $40 million during 2011. The on-time incentive program pays up to $100 monthly when the combined airline hits targets for on-time domestic and international arrivals. The program reinforces the new United&#8217;s commitment to working together to deliver outstanding performance for its customers.<\/p>\n<p>For more information about the airlines, see united.com and continental.com or follow United on Twitter and Facebook. <strong><em>(United Continental)<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employees share in the company&#8217;s success CHICAGO-United Continental Holdings, Inc. will distribute today $265 million&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-2876","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/2876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=2876"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/2876\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=2876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=2876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=2876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}