Categories LATEST

United Airlines to replace employee bonus with lotto

Courtesy : Wikimedia Commons

United Airlines is planning to do away with its quarterly performance bonuses for employees. The airline will replace the employee bonuses with a new program called ‘Core4 Score Rewards.’

The new rewards program is a lottery-style drawing with prizes that include cash, cars and vacation packages. There is also a $100,000 grand prize which will be awarded each quarter to one eligible employee.

This new program will benefit only a few people who win the lottery while the rest of the eligible employees will not receiving any rewards for their contributions.

The Core4 program was formed after the horrific passenger-dragging incident with an intention to boost United’s image as a caring airline. The new lottery plan, which is part of this program, was expected to create excitement and a sense of accomplishment.

However, the initial response to the announcement of the program has not been exciting at all. It has, in fact, led to a widespread discord among the employees of the airline. This lack of harmony and satisfaction is not likely to create a caring environment.

United Airlines said it would offer other incentives along with the lottery and that this new program will not have any impact on its profit-sharing program.

At a time when United Airlines is frequently in the news for unpleasant reasons, one wonders if this is indeed a wise step.

In a separate incident earlier, a United Airlines flight from Virginia to Washington experienced severe turbulence due to bad weather, which led to the entire flight ‘throwing up.’

All passengers aboard Flight 3833 suffered a rough landing after being hit by a powerful storm, and almost everyone including the crew threw up. Even the pilots came close to falling ill.

However, no one needed medical attention due to the incident.

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q1 2024

Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or

ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up

Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net

CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results

Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top