Post by jobs1stb4polarbear on Dec 22, 2012 21:50:22 GMT -5
GM, Ford Workers Line Up for Profit Sharing
online.wsj.com/article/SB10001424127887324461604578193492512719874.html
......Ford's approximate 44,000 hourly workers could get paid more than $8,000 a piece. The estimates are based on UAW contract terms that essentially have eligible workers receiving $1 extra for every $1 million in operating profit Ford or GM generates in North America.
......"Short term, people are talking about the bonuses, but long term we need to make sure we are successful," said Todd Dunn, president of Ford's Local 862 in Louisville. "All seven [Ford assembly] plants are in good shape and the majority of the plants are maximized and running three crews. Things are going well for the automotive sector, especially UAW Ford."
online.wsj.com/article/SB10001424127887324461604578193492512719874.html
......Ford's approximate 44,000 hourly workers could get paid more than $8,000 a piece. The estimates are based on UAW contract terms that essentially have eligible workers receiving $1 extra for every $1 million in operating profit Ford or GM generates in North America.
......"Short term, people are talking about the bonuses, but long term we need to make sure we are successful," said Todd Dunn, president of Ford's Local 862 in Louisville. "All seven [Ford assembly] plants are in good shape and the majority of the plants are maximized and running three crews. Things are going well for the automotive sector, especially UAW Ford."