GM told salaried employees unmet business targets are to blame for smaller bonus checks this year.
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.
Eligible General Motors hourly workers are getting profit-sharing checks of $10,500 this year, 27% less than the record ...
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 ...
GM has issued its quarterly letter to shareholders for Q4 of the 2024 calendar year, highlighting the automaker’s annual performance, providing strategic insights, and laying out expectations for the ...
The CEO of a payments startup says linking AI adoption to profit sharing helped cut costs and boost morale.
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.
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 ...
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 ...