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Welcome Forum The Lounge GM, Chrysler salaried workers to get bonuses

  • Creator
    Topic
  • #4986
    GTO Man
    Moderator

    Has all the money they borrowed from the government been paid back? If not, then no bonuses.

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  • #37617
    Amigo2k
    Moderator

    http://www.autoblog.com/2010/05/18/chrysler-pays-back-1-9b-in-govt-loans/

    Chrysler has paid back 3.9 billion of 14.3 billion that was loaned to them.

    GM has paid its loans but We still own 60% of the company in stocks.

    GM hourly employees received a $3000 profit sharing bonus (this is the largest bonus given out to their workers ever).

    Ford hourly employees received a $5000 profit sharing bonus.

    Chrysler hourly employees received a $750 bonus (for doing a good job).

    #37618
    circletrack
    Participant

    Where is our bonus for doing a good job? :)

    #37622
    mick289
    Participant

    Who determines if you do a good job? And aren’t you supposed to do a “good job” day in and day out?

    #37638
    circletrack
    Participant

    Very true… those don’t are let go… We all deserve a bonus! ;)

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