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Episode 11: Paying It Forward

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Content provided by Los Angeles Times and Southwest Airlines | L.A. Times Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Los Angeles Times and Southwest Airlines | L.A. Times Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It’s not every day that a flight attendant can make more money by retiring, but such is the life of some of Southwest Airlines’ early employees thanks to the company’s ProfitSharing Plan. Bucking the trends of the airline industry, Southwest decided to share its profits with the employees who helped earn them beginning in 1973. Ron Ricks, the Vice Chairman of the Board and retired Executive Vice President and Chief Legal and Regulatory Officer of Southwest Airlines, tells us how the entire Southwest family is stronger through their shared investment in the airline’s success.

For more stories on Southwest Airlines’ 50 years of flying and a look behind the scenes, check out latimes.com/isthisseatopen

  continue reading

23 episodes

Artwork
iconShare
 
Manage episode 318634189 series 3308664
Content provided by Los Angeles Times and Southwest Airlines | L.A. Times Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Los Angeles Times and Southwest Airlines | L.A. Times Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It’s not every day that a flight attendant can make more money by retiring, but such is the life of some of Southwest Airlines’ early employees thanks to the company’s ProfitSharing Plan. Bucking the trends of the airline industry, Southwest decided to share its profits with the employees who helped earn them beginning in 1973. Ron Ricks, the Vice Chairman of the Board and retired Executive Vice President and Chief Legal and Regulatory Officer of Southwest Airlines, tells us how the entire Southwest family is stronger through their shared investment in the airline’s success.

For more stories on Southwest Airlines’ 50 years of flying and a look behind the scenes, check out latimes.com/isthisseatopen

  continue reading

23 episodes

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