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In reply to the discussion: Obama Fail~ or not [View all]Cha
(297,211 posts)9. Do you know for sure how much they're getting paid? Because I found a different amount.
GM, Ford workers to see big profit-sharing checks
The United Auto Workers has told its members at General Motors (GM +1.56%) and Ford Motor (F +1.34%) to expect big profit-sharing checks early next year. According to The Wall Street Journal, Ford workers can expect $8,000 each. GM workers can expect as much as $7,000.
For the GM and Ford workers, the profit-sharing checks will represent 11% to 14% of the typical autoworker's annual wage of about $58,500. For entry-level workers, it's a much bigger percentage of their wages.
http://money.msn.com/now/post.aspx?post=8f073da6-076e-4b55-a9dc-fd404b394af4
From 2012..
$28.00 hourly for general assembly. Skill Trades and team leaders get a tad bit more hourly.
The cost of building a car works out to 4% covers the workers on the line Government 12% 24% to the suppliers , over head or as GM puts it profit sharing?
http://wiki.answers.com/Q/How_much_do_general_motors_employees_get_paid
The cost of building a car works out to 4% covers the workers on the line Government 12% 24% to the suppliers , over head or as GM puts it profit sharing?
And, of course.. the CEOs are making more.. but, these people have JOBS because Pres Obama bailed GM.
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Ah yes the GM success. Workers are getting what? $12 dollars an hour? But the CEO is
rhett o rick
Jun 2013
#5
Do you know for sure how much they're getting paid? Because I found a different amount.
Cha
Jun 2013
#9
I was wrong. Turns out they were getting $14 per hour for which they should be grateful.
rhett o rick
Jun 2013
#21
Thanks for more info on GM and their valued employees, She! Profit Sharing.. yummy!
Cha
Jun 2013
#15
Yes that's nice that those making more than $100,000 a year get a bonus while entry level
rhett o rick
Jun 2013
#22
I agree of course. Entry wages for GM are $14 per hour (i was wrong stating $12).
rhett o rick
Jun 2013
#23
Yes profits are up. The CEO will make millions. Horray. Workers will still get min wage and half
rhett o rick
Jun 2013
#4
I know exactly what you mean. I came of age in the 70's, so I'm familiar with "brain farts".
Tarheel_Dem
Jun 2013
#53
The only people that find something negative to say about Obama's economic recovery...
Pragdem
Jun 2013
#49