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Post by ScottR@KTP on Oct 26, 2010 20:13:48 GMT -5
$900
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Post by jgt150ktp on Oct 26, 2010 20:20:31 GMT -5
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
ooooooooooooooooooooooooooooooooooooooooooooo
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Post by ScottR@KTP on Oct 26, 2010 20:43:07 GMT -5
I don't like that prediction...LOL
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bill
Amateur
Posts: 106
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Post by bill on Oct 26, 2010 20:52:57 GMT -5
$7000
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Post by bogeybush on Oct 26, 2010 20:56:07 GMT -5
I'm pretty sure our bargaining commitee will have re-opened the contract again by then and agree to let Ford keep the cash. They can add it to our cola, raises, bonuses, 1 minute per hour, ETC so that Ford can be competetive.
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Post by ScottR@KTP on Oct 26, 2010 22:50:22 GMT -5
LMAO...do not like your idea either doublebogeybush.
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Post by ktpschd on Oct 27, 2010 3:25:34 GMT -5
According to the formula set by Fearborn( I mean Dearborn): YTD profit multiplied by the arbitrary coefficient of 1.24832 or x2+10x+25 divided by the value of 3y before (or is it AFTER?) pre-tax global adjustments and then subtracting the number of hairs on Malally's butt equals our profit sharing percentage. Or $16.87 before taxes and union dues. I don't know why you people need me to explain this every year. It's simple (Ford) math.
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Post by ScottR@KTP on Oct 27, 2010 3:30:27 GMT -5
I like the $7000 prediction best so far.
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Post by keithf on Oct 27, 2010 4:23:05 GMT -5
cant make a prediction scott. but in the past, profit sharing was equal to roughly $1,000 per billion of net profit. through the first 3 quarters, ford has posted nearly $6.4 billion in net profit. based on those numbers...you can guess maybe 7-8,000 dollars. |
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Post by ScottR@KTP on Oct 27, 2010 5:09:18 GMT -5
We can only hope for a profitable 4th quarter.
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Post by thintwowin on Oct 27, 2010 5:18:25 GMT -5
Made 2 billion something last year. What we get? 500? I going to say 1700
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Post by ktpelec on Oct 27, 2010 6:12:34 GMT -5
The number of Ford UAW employees has dropped significantly. It should equate to a good number for those of us that chose to remain here.
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Post by wplap on Oct 27, 2010 9:43:28 GMT -5
Go ahead and plan on that 10 billion "one time" outgoing payment for some special deferred expense this fourth quarter.
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Post by beenaround on Oct 27, 2010 11:02:50 GMT -5
Wow! It's over 5 months away. Lets not lose any sleep over it yet. Be smart put as much as you can in TESPHE.
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jkiel
Amateur
"Live better. Work union."
Posts: 69
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Post by jkiel on Oct 27, 2010 11:09:40 GMT -5
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Post by kingpin on Oct 27, 2010 11:56:31 GMT -5
You forgot you are dealing with Ford Motor Co. and there is still enough time to have a "Fourth Quarter Loss" to off-set the "Three Quarters Profit" which means you will receive the same amount of "Profit as the "Christmas Bonus!"
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Post by marcus on Oct 27, 2010 15:54:13 GMT -5
It has to be close to what we got in 99 unless they changed how they add it up.Maybe Kess can answer this one.
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Post by marcus on Oct 27, 2010 16:04:04 GMT -5
7 billion in 99 and we got 8100 on average.We have made 6 billion in profit this year and thats after they have paid the debt down,So if we do one billion this last quarter we should get close to 8100 unless our union gave up something they arnt telling us.What say you union leaders?
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Post by beenaround on Oct 27, 2010 16:08:35 GMT -5
The amount you receive for profit sharing is Dependent on how much you made during the calendar year. That is all straight time pay no overtime money is included.
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Post by marcus on Oct 27, 2010 16:10:57 GMT -5
Yep goes by what you make so LAP is screwed
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Post by driveshaftgrunt on Oct 27, 2010 17:29:10 GMT -5
Don't forget the pensions being underfunded, GLOBALLY.......
Of course I'd give up a profit sharing check to get a toilet seat fixed, a new stall door, a couple of toilets unclogged, a few boogers scraped off the walls, and the feces-stew off the floor in the frame line men's bathroom.
But I'm just odd that way.........
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Post by ScottR@KTP on Oct 27, 2010 17:51:06 GMT -5
And your hourly pay is much better than in '98...so let the excuses commence. If it's based on straight pay only, how can it not be a good payment? Regardless of FoMoCo Credit being taken out of the equation...we will be getting a check.
Any word on our union wide grievance regarding getting some of our cuts back? Since salary received some of their givebacks already...where is ours???
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Post by jgt150ktp on Oct 28, 2010 15:37:17 GMT -5
Scott you already got back ETAP what else do ya want man DAMN I mean really lmao
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Post by ScottR@KTP on Oct 28, 2010 16:49:09 GMT -5
I hear ya...I want the Xmas bonus, COLA, and a yearly raise to start...
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Post by pickle on Oct 28, 2010 17:47:37 GMT -5
probably between zero and way less than any company person gets.
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Post by tonyp on Oct 29, 2010 0:26:06 GMT -5
Yep goes by what you make so LAP is screwed
I'm at LAP and have made over $46,000 so far this year. Why am I screwed?
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Post by PUNISHER on Oct 29, 2010 8:19:45 GMT -5
was loaned to body shop about a month or 2 ago and guy i worked with said their rep had mentioned the $8000 profit share....would be very nice if true
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Post by richatktp1 on Nov 20, 2010 5:31:07 GMT -5
Maybe FORD can buy another car company like they have in the past to avoid paying out bigger P.S. checks. They can then run that company in the ground and practically give it away years later. It has been done before.
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Post by fuckugettelfinger on Nov 26, 2010 14:54:29 GMT -5
I say it will be Executives : 1.5 million
Everyone else : nothing
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Post by ScottR@KTP on Nov 26, 2010 17:18:54 GMT -5
No way...newest prediction $7500...especially since they're expecting the next quarter to exceed all the previous...for a new record profit, far exceeding '99.
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