Based on Ford Motor Co.'s annual profits in the United States, some 57,000 hourly workers at its factory could get sizable ...
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record ...
For every $1 billion GM makes in North America, the automaker's hourly U.S. employees receive $1,000, according to the ...
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 ...
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 ...
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 ...
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.
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 ...
An internal document obtained by the Free Press reveals how much more GM will pay out in bonuses to its salaried workforce ...