2014 Profit Sharing payments will be made to all eligible employees on February 13, 2015.  Flight Attendants, who do not make a special election for their Profit Sharing or did not qualify for a special election, should have received their Profit Sharing paid in the manner in which you receive your monthly paycheck – either direct deposit or as a paper check.

The close of the Profit Sharing Election window is now on Monday, January 26, 2015 at 12:00N CST.

Keep in mind, IRS regulations dictate that these types of special payments require Federal Income tax withholding at a minimum rate of 25% plus Social Security (FICA), Medicare and any applicable state and local income tax withholdings.  Profit Sharing payouts will be approximately 5.6658% of your 2014 annual earnings – an increase from last year’s payout.

United announced on January 23, 2015 a $1.97 billion profit for the full year of 2014, which triggered Section 5.J., our Contractual Profit Sharing Program. Our Contract provides a payout when adjusted pretax earnings at United Airlines exceeds $10 million dollars. Fifteen percent of United's adjusted pretax earnings form the basis for a pool that is distributed pro-rata to all eligible Flight Attendants.  This year's Profit Sharing pool for eligible employees is $235 million.