Home SME Enterprise Auto US Workers At General Motors Set To Receive A $12,000
US Workers At General Motors Set To Receive A $12,000

US Workers At General Motors Set To Receive A $12,000

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US Workers who earned hourly pay at General Motors are set to receive a $12,000 bonus after the firm made a profit of $12bn in North America. This follows a 2011 profit sharing deal negotiated between GM and the United Automobile Workers union worth up to $1,000 per $1bn of profit the company makes in the continent. Meanwhile, GM’s net profit for 2016 dropped 2.7% after what the company says was foreign exchange losses due to the decline in value of the pound.

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