It's that time of year again when most Ford Motor Company employees will be eligible to receive their annual profit-sharing check on March 13, 2025. This year, approximately 57,000 U.S. hourly workers will receive up to $10,208 in profit sharing. This is a major annual event that occurs for most Ford Motor Company employees.
General Motors employees will be eligible to receive their annual profit-sharing check on February 23rd. This year, approximately 45,000 U.S. hourly workers will receive up to $12,250 in profit sharing. Here are the 4 steps you should take once you receive this check.
2023 has been an intense year for union workers nationwide in many industries, from UPS workers to actors and writers. With high inflation rates have come high demands during contract negotiations. The buzz surrounding current talks between the UAW and the Big Three (GM, Ford, and Stellantis) has been no different. As negotiations prolong and a contract expiration date of September 14 is looming, many UAW workers are having increased concern over the prospect of a lengthy strike.