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.
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.
An internal document obtained by the Free Press reveals how much more GM will pay out in bonuses to its salaried workforce for 2024 compared with 2023.
Federal Agency Charges Car Manufacturer and Labor Union Denied Sickness and Accident Benefits to Older Workers - BEDFORD, Ind.
Stellantis executives previously had championed remote working when it instituted its "New Era of Agility" in 2022.
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
GM announced a record-setting profit-sharing bonus for workers. The profit-sharing amount is much larger than in the past two years, amid workforce cuts. Scott Bessent confirmed as Treasury secretary, giving him a key role in extending Trump's tax cuts
General Motors (GM) and the international union of United Auto Workers, UAW, violated federal law when they negotiated a collective bargaining
President Trump has charted a new course for electric vehicle policy in the U.S. While the direction is clear, the details aren't.
In the final days of the Biden presidency the U.S. Equal Employment Opportunity Commission filed filed a pair of significant anti-discrimination lawsuits.