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U.A.W strike?
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<blockquote data-quote="Obi-Wan" data-source="post: 382221" data-attributes="member: 709"><p>What % of the those " regular wage guys " do you think could do the CEO's job? </p><p></p><p>I thought the Union claimed the companies were not sharing their record profits.</p><p></p><p>Feb 2, 2023 <a href="https://www.freep.com/story/money/cars/ford/2023/02/02/ford-uaw-hourly-workers-2022-profit-sharing/69865970007/" target="_blank">https://www.freep.com/story/money/cars/ford/2023/02/02/ford-uaw-hourly-workers-2022-profit-sharing/69865970007/</a></p><p></p><p>Ford announced Thursday in its earnings report that its UAW employees will receive profit-sharing checks averaging <strong>$9,176</strong> this year. Checks will be distributed March 9. That's up from $7,377 for hourly workers in 2021, when supply chain disruption and pandemic-related issues continued to shut down plants. Yet the logistics drama has also led to higher prices and bigger profits, which leads to higher<a href="https://www.freep.com/story/money/cars/2018/02/09/why-investors-like-uaw-auto-industry-profit-sharing-checks/310747002/" target="_blank"> profit-sharing checks for hourly workers</a> and big bonuses for salaried workers. Ford UAW employees received average payouts of just $3,625 in 2020.</p><p></p><p>General Motors announced Tuesday that its 42,300 UAW-represented workers will receive record profit-sharing checks <a href="https://www.freep.com/story/money/cars/general-motors/2023/01/31/gm-uaw-profit-sharing-checks/69853383007/" target="_blank">averaging $<strong>12,750</strong></a>. It's the most GM has ever awarded, based on a <a href="https://www.freep.com/story/money/cars/general-motors/2019/10/25/gm-uaw-strike-contract-ratification-update/4057059002/" target="_blank">2019 UAW contract that lifted a $12,000 cap</a>. The company said it is sending the checks Feb. 24.</p><p></p><p>Chrysler-parent Stellantis is scheduled to release its profit-sharing data Feb. 22. It <a href="https://www.freep.com/story/money/cars/chrysler/2022/02/23/stellantis-profit-sharing-uaw-2021-earnings/6900729001/" target="_blank">awarded checks</a> averaging <strong>$14,670</strong> in 2022 and $8,010 in 2021.</p></blockquote><p></p>
[QUOTE="Obi-Wan, post: 382221, member: 709"] What % of the those " regular wage guys " do you think could do the CEO's job? I thought the Union claimed the companies were not sharing their record profits. Feb 2, 2023 [URL]https://www.freep.com/story/money/cars/ford/2023/02/02/ford-uaw-hourly-workers-2022-profit-sharing/69865970007/[/URL] Ford announced Thursday in its earnings report that its UAW employees will receive profit-sharing checks averaging [B]$9,176[/B] this year. Checks will be distributed March 9. That's up from $7,377 for hourly workers in 2021, when supply chain disruption and pandemic-related issues continued to shut down plants. Yet the logistics drama has also led to higher prices and bigger profits, which leads to higher[URL='https://www.freep.com/story/money/cars/2018/02/09/why-investors-like-uaw-auto-industry-profit-sharing-checks/310747002/'] profit-sharing checks for hourly workers[/URL] and big bonuses for salaried workers. Ford UAW employees received average payouts of just $3,625 in 2020. General Motors announced Tuesday that its 42,300 UAW-represented workers will receive record profit-sharing checks [URL='https://www.freep.com/story/money/cars/general-motors/2023/01/31/gm-uaw-profit-sharing-checks/69853383007/']averaging $[B]12,750[/B][/URL]. It's the most GM has ever awarded, based on a [URL='https://www.freep.com/story/money/cars/general-motors/2019/10/25/gm-uaw-strike-contract-ratification-update/4057059002/']2019 UAW contract that lifted a $12,000 cap[/URL]. The company said it is sending the checks Feb. 24. Chrysler-parent Stellantis is scheduled to release its profit-sharing data Feb. 22. It [URL='https://www.freep.com/story/money/cars/chrysler/2022/02/23/stellantis-profit-sharing-uaw-2021-earnings/6900729001/']awarded checks[/URL] averaging [B]$14,670[/B] in 2022 and $8,010 in 2021. [/QUOTE]
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