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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.
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 ...
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 ...
Eligible employees will receive an estimated payout of 10% of their eligible earnings, which amounts to an average of five weeks in additional pay. "This year’s profit sharing payout is a ...
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.
North American pretax profit increased 13% to $2.3 billion in the fourth quarter and 18% to a record $14.5 billion for the full year. UAW-represented hourly employees will get profit-sharing ...
Ford Motor Co. reported Wednesday that its 2024 profits in the United States will result in about 57,000 UAW hourly workers receiving profit-sharing checks of up to $10,208, compared with $10,416 ...
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