Eligible General Motors hourly workers are getting profit-sharing checks of $10,500 this year, 27% less than the record ...
GM confirms a 32 percent drop in profit-sharing checks for UAW workers, with 2025 payouts falling to $10,500 per person following lower North American profits.
GM told salaried employees unmet business targets are to blame for smaller bonus checks this year.
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What is profit-sharing?
A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll, with the ...
FLINT, MI -- General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks. GM’s announcement came in a letter to shareholders from Chief ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Employees of Stellantis NV represented by the United Auto Workers can expect to see profit sharing checks of $3,780, though some could be more and some less based on hours worked, the automaker said ...
Anger erupted on social media and in the factories after Stellantis workers in the US were told this week they will get a “profit-sharing” check of $3,780 for 2024, a drop of 73 percent from last year ...
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about a new study that showed the success of having a hybrid work week. What are Tom’s takeaways from the study.
The presidential election dominated the headlines in 2024, but the conscientious work of Andersen Corp. employees is earning headlines as the year draws to a close. The Bayport, Minnesota-based ...
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