General Motors Profit Sharing 2025. Ford Profit Sharing 2025 Bonnie Maybelle It is designed to share the company's profits with employees, particularly those represented by the United Auto Workers (UAW) union. GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
GM announces profitsharing checks up to 11,750 from www.detroitnews.com
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 $14,500 in bonuses.That's about two grand more per qualifying employee than recent years, when folks saw profit-sharing largesse of up to $12,750 in 2023 and $12,250 last year.Mike Booth, a. GM also states that investors earned a 50 percent total return, with fewer than 1 billion.
GM announces profitsharing checks up to 11,750
will deliver record profit-sharing payouts of up to $14,500 this year to about 48,000 eligible hourly workers, according to the company's financial results released Tuesday. 2024 was a big year for General Motors, which the automaker announced may lead to an increase in money for its union workers. Among the headlines were record profit sharing for employees, with up to $14,500 per employee in bonuses
GM believes it will stop losing money on electric vehicles in 2025 as higher margin vehicles arrive. General Motors workers are set to receive record profit-sharing $14,500 checks, following a strong financial year for the company as industry uncertainty looms. GM said Tuesday that the 2024 pretax payout for its UAW.
Chart General Motors' EV Sales Are Charging Up Statista. It's that time of year again when most General Motors employees are eligible to receive their annual profit-sharing check at the end of February (2025) This is a major annual event for many General Motors employees.