logo
Plus   Neg
Share
Email

Fiat Chrysler To Pay $7,280 Profit-sharing To UAW Employees

FCA US LLC said Thursday that it will pay $7,280 in profit-sharing to 44,000 eligible United Auto Workers-represented employees on March 13, 2020.

Earlier today, Fiat Chrysler Automobiles reported that its net profit for the fourth-quarter rose to 1.54 billion euros from 1.29 billion euros in the prior year.

GM reportedly said it would pay its about 44,000 eligible hourly United Auto Workers employees profit-sharing amounts of up to $8,000 this year while Ford's 53,000 eligible workers will get $6,600 each.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Lowe's (LOW) is temporarily increasing wages of its employees. The latest move by the hardware retailer is to help its employees cope with the economical effects caused by the ongoing COVID-19 pandemic. The company has hiked salary by $2 per hour for all full-time, part-time, and seasonal hourly associates,... Amazon.com Inc. (AMZN) Founder and CEO Jeff Bezos is donating $100 million to food banks across the U.S. to support poor people who cannot afford food during this coronavirus crisis. Bezos made a $100 million gift to Feeding America, one of the largest U.S. nonprofit focused on food security. Feeding... Facebook on Thursday shared an update on its $100 million small-business grants program announced in March, saying that it will provide $40 million in grants to 10,000 U.S. small businesses that were impacted by the coronavirus pandemic. In March, the social media giant said it is offering $100 million in cash grants and ad credits for up to 30,000 eligible small businesses.
Follow RTT
>