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News / Business

Alaska Air’s record year means employee bonuses

By The Associated Press
Published: January 23, 2016, 6:01am

SEATTLE — Alaska Air Group’s almost 14,000 employees reaped the benefit of a record year for the company with annual performance bonuses totaling $78 million in their paychecks Friday.

Nearly $56 million in annual bonuses was paid to Alaska Airlines and Horizon Air employees in the Puget Sound area. An additional $14 million was paid to employees in the Portland area, while $8 million is going to employees throughout the state of Alaska.

The bonus represents more than 9 percent of their annual pay, or nearly five weeks’ additional pay, for most workers. For the past seven years, employees have received an average annual bonus equal to approximately one month’s pay.

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