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GM, UAW
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.
UAW workers to see record profit-sharing checks as GM reports better-than-expected 2024 profit
General Motors Co. lost $2.96 billion in the fourth quarter after a $4 billion charge for restructuring its struggling business in China, but it logged record full-year adjusted profits globally and in North America.
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.
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.
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.
General Motors announces record profit-sharing bonus amid workforce cuts
GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration. DETROIT (FOX 2) - 2024 was a big year for General Motors (GM), which the automaker announced may lead to an increase in money for its union workers.
GM Announces Record Profit-Sharing Checks of Up to $14,500 for Workers Amid Financial Ups and Downs
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
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,
Autoblog
18y
GM and Ford UAW workers can't revel in profit sharing this year
Profit
sharing
checks were worth thousands of dollars to union autoworkers in past years, but the profits to share are dwindling here in North America. In an unfortunate but expected announcement ...
Crain's Detroit
13d
UAW says 99% of Detroit Axle members vote to authorize strike against Daimler
The UAW said 99 percent of its members at the Detroit Axle plant voted Jan. 15 to authorize a strike against Daimler Truck ...
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