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Barra’s letter says global salaried employees earned strong performance bonuses, and U.S. hourly employees earned the industry’s highest profit sharing, totaling more than $640 million.
GM has issued its quarterly letter to shareholders for Q4 of the 2024 calendar year, highlighting a payout up to $14,500 per employee in performance bonuses.
This year's payouts will be paid on March 7, according to Stellantis. The profit sharing was calculated based on Stellantis' 2023 labor agreement with the UAW. Union-represented employees get $900 ...
The window and door manufacturer held its annual meeting Thursday, Dec. 19. Full-time employees who worked more than 1,500 hours received between a minimum of $1,800 to nearly $5,400.
Hourly employees who worked 1,850 compensated hours will receive a full profit-sharing check of $14,500. This is the highest profit-sharing amount GM has ever paid hourly employees and the highest ...
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