‘Government Workers’ To Pay Out $12 Million In Bonus To Union Workers Next Week.
General Motors Co. (GM), 10 weeks after ratifying a new labor contract with the United Auto Workers, said union hourly employees achieved vehicle-quality targets and will be eligible for about $12 million in bonuses.
The $250 bonus per eligible worker will be paid out in employees’ Dec. 16 paychecks, Kim Carpenter, a spokeswoman for the Detroit-based company, said today in a phone interview. The “vast majority” of the automaker’s 48,500 UAW-represented workers are eligible, she said, without giving more specifics.
Chief Executive Officer Dan Akerson has said GM’s new four- year labor contract keeps the automaker competitive by only marginally boosting the company’s $5 billion annual labor tab. Senior workers won’t receive a base wage increase and the union accepted that some pay would be based on GM’s profitability. Source: Fox News.