The Workers' Profit Participation Fund (WPPF) under the Bangladesh Labour Act, 2006, is a progressive mechanism designed to ensure that employees share in their company's profits. The Workers ...

Based on Ford Motor Co.'s annual profits in the United States, some 57,000 hourly workers at its factory could get sizable ...

If companies want to attract and retain talent, they must market their employee value proposition effectively.

This is a robust agreement that has been drafted or companies and close corporations that are selling their businesses as going concerns. NO staff are taken over in terms of this agreement.

The United Auto Workers negotiated a new profit-sharing agreement with the automaker in the recent contract talks. Under the agreement, GM employees receive $1,000 for every $1 billion in company ...

and U.S. hourly employees earned the industry’s highest profit sharing, totaling more than $640 million. The per-person distribution of up to $14,500 tops last year’s bonus payouts ...

In the 2019 agreement, the parties removed a $12,000 cap on profit sharing, paving the way for higher payments like those for 2025. Barra's letter also noted global salaried employees will receive ...

The new national agreement the UAW negotiated with the Detroit automakers in 2023 now includes GM's union-represented temporary employees as well as those at GM's battery facilities as eligible for ...

As a result of General Motors' yearly gains in profits, about 45,000 U.S. hourly workers will receive a record-setting profit-sharing check ... The new national agreement the UAW negotiated ...

Shapecharge / Getty Images Revenue sharing is the regular distribution of a portion of corporate wealth to certain stakeholders, such as employees and business partners, as an incentive.

According to multiple outlets such as BBC, it’s unclear how many federal employees will be affected by Trump’s DEI executive order. Under this new order, federal agencies must create a list of ...