GM Dishes Out Big Bonuses To Union Workers
In the midst of its pricey recall, General Motors gave its union workers a larger bonus than contracts required.By Madison Burke | February 5, 2015
General Motors gave 48,000 union workers bonuses of up to $9,000 this week, an amount even greater than their contract required.
Only about $7,000 in profit-sharing was warranted, but the company chose to tack on $2,000 more in the form of a performance bonus.
The timing for generous bonuses is interesting as the company is in the midst of major safety recalls.