Need a break? Play the USA TODAY Daily Crossword Puzzle. The profit-sharing checks are not bonuses, but rather are a negotiated formula between Detroit automakers and the UAW in the union's national ...
Profit-sharing plans are a type of employer-sponsored retirement ... However, when the employer does make contributions, they must be made according to a predetermined formula, to ensure that the ...
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record level.
For every $1 billion GM makes in North America, the automaker's hourly U.S. employees receive $1,000, according to the Detroit automaker's agreement with the United Auto Workers. GM made about $14.258 ...
That figure is plugged into the profit-sharing formula negotiated in 2023 during contract talks with the United Auto Workers. Since the Dearborn automaker no longer reports financial results for ...
It’s the Atlanta carrier’s second-largest profit sharing ever. The country's most profitable airline is also the largest private employer in the metro.
Why Ohio Attorney General Dave Yost is challenging a plan to extend JobsOhio's lease on the state liquor franchise.
The GM-negotiated formula with the UAW for profit-sharing checks is $1,000 per every $1 billion in annual earnings before interest and taxes, or pretax profits for North America. For 2024 ...
Get all the news you need in your inbox each morning. The GM-negotiated formula with the UAW for profit-sharing checks is $1,000 per every $1 billion in annual earnings before interest and taxes ...
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