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GM, UAW
General Motors hourly employees receiving record-breaking profit-sharing checks
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
UAW members at GM could get up to $14,500 in profit-sharing checks
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record level.
GM profit sharing: Here's the record amount UAW members will get for 2024
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 billion in North America in 2024, up 18% year-over-year.
GM profit-sharing checks hit new record with worker payouts up to $14,500
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.
GM Workers to see receive record level profit-sharing checks
General Motors workers will see a nice bonus checking coming there way soon, in fact it will be the most ever given out by the automaker for hourly workers. The Detroit Automaker says it took a financial hit pertaining to its ventures in China however they still took in a record amount of profit in 2024.
Record Profit Sharing Payout For GM UAW Workers
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.
GM announces record profit-sharing bonus for workers
In a letter to its shareholders on Tuesday, GM announced their successful 2024 would produce a record-setting profit-sharing bonus of up to $14,500, worth two months' of extra pay for its workers.
GM Hourly Workers Earn Huge Profit-Sharing Payouts
About 48,000 eligible employees at General Motors are in line for record-high profit-sharing checks following today’s release of the company’s financial results. Hourly workers could take home up to $14,
10h
on MSN
GM 2024 bonus checks will be higher than 2023 for some salaried workers: How formula works
An internal document obtained by the Free Press reveals how much more GM will payout in bonuses to its salaried workforce for ...
9h
on MSN
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
GM Authority
20h
GM Cutting More Jobs Through Annual Performance Review
GM reportedly cut more jobs last Friday, targeting underperforming employees through the automaker's revamped annual employee ...
1d
GM job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor ...
cbtnews
1d
GM slashes more salaried jobs under new performance evaluation system
General Motors (GM) continues to reduce the headcount of its workforce under a new performance evaluation system.
16h
on MSN
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...
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