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Import tariffs implemented by the Trump administration are expected to significantly reduce profit-sharing payouts for UAW ...
Profit-sharing amounts at Stellantis are tied to the company's financial performance in North America. Last year, UAW members at Stellantis were potentially in line for checks of $13,860.
In February, Ford Motor Co. reported that about 57,000 UAW hourly workers would receive profit-sharing checks up to $10,208 for 2024 based on its North America EBIT-adjusted profit of $10.2 billion.
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UAW members at Ford to get up to $10,208 in profit-sharing - MSNFord Motor Co. reported Wednesday that its 2024 profits in the United States will result in about 57,000 UAW hourly workers receiving profit-sharing checks of up to $10,208, compared with $10,416 ...
The whole ‘profit-sharing’ thing is just a façade for the news, so they can say workers are doing good when the companies do good. To make matters worse, those checks get taxed at 40 percent.
It’s the Atlanta carrier’s second-largest profit sharing ever, tied with 2023 ‘s results and just behind 2019 ’s $1.6 billion. (Delta has predicted this coming year will top them all.) ...
Despite the higher earnings, Stellantis is reducing its average profit-sharing payout to US hourly workers to $13,860, down from $14,760 in 2022.
Delta Air Lines is sharing the love with its workers through $1.4 billion in profit-share bonuses, amounting to approximately $122 million in extra paychecks to its Minnesota-based employees ...
The profit-sharing checks awarded to UAW members, such as those working at Toledo's Jeep plant, are $100 more than last year's record amount.
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