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Chrysler workers to get good profit-sharing checks

by David Zatz on

There may be scandals around how the past UAW leadership brokered deals, but the membership is doing quite well from at least one contract provision: profit-sharing. Around 44,000 UAW employees are eligible to get $7,280 in profit sharing from the company’s 2019 profits, as part of the old 2015 agreement.

toledo workers

While FCA did fairly poorly outside North America, that doesn’t affect the UAW people: the profit-sharing checks are based on North American numbers only.

Since the 2009 bankruptcy, Chrysler and FCA have invested over $14 billion in the United States, creating or re-creating nearly 30,000 jobs.

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