Detroit – Our union was successful in negotiating an enhanced profit-sharing formula with Stellantis in 2019. The new formula more accurately reflects the contributions of UAW members to the success of Stellantis. Today’s announcement that eligible UAW-Stellantis members will receive a record average profit-sharing amount of $14,760 confirms that the skill, dedication, and hard work of UAW members are a critical part of the success of Mopar, Chrysler, Jeep, RAM, Wagoneer and Dodge. The financial strength of Stellantis primarily relies on the company’s UAW workforce as evidenced by its financial report. Our members are the backbone of this company. We ... Read more
Detroit – UAW Ford members play a key role in the success of the company through their expertise, extraordinary efforts, and commitment to the jobs they perform each and every day. Official notification from Ford to the UAW will take place several weeks from now. However, based on the announcement today and in accordance with our collective bargaining agreement, our members are expected to receive an average of $9,176 in profit sharing. Actual pay-outs will be based on compensated hours over the course of the plan year. UAW President Ray Curry and I extend well deserved congratulations and share deep ... Read more
Today UAW members who work for General Motors received the news that they may receive up to $12,750 in profit sharing. UAW members have earned their share of the company’s prosperity, and this negotiated benefit reflects that contribution. Our members are essential to the success of General Motors. UAW members bring skill, experience, and dedication to the job every day and are well deserving of today’s news. While we celebrate today, we know that there are challenges ahead. We will continue to fight for fairness and equity for all UAW-GM members.
Detroit – During the 2019 Collective Bargaining with Stellantis, the UAW bargaining team fought hard for an enhanced profit sharing formula that more fairly distributed profit earnings based on the company’s unique structure. Today’s announcement that eligible UAW Stellantis members will receive an eligible profit sharing amount of $14,670 is a reflection of the hard work and dedication UAW members bring toward the success of Jeep, Chrysler, Dodge and RAM sales. UAW Stellantis members are proud of the product they create every day especially during challenging environments over the past two years. We continue to make sure that this dedication ... Read more
Detroit – UAW Ford members worked diligently and remained dedicated to produce the finest built products in the world during a year that presented great challenges due to the pandemic and unprecedented supply chain issues. Their contributions to Ford Motor Company’s profits under such conditions are to be commended and our members should be very proud of this great accomplishment. Although official notification from Ford will not take place for several weeks, as a result of our collective bargaining agreement with the company, our members are expected to receive an average of $7,377 in profit sharing with variation based on hours ... Read more
Because of their hard work, dedication and through collective bargaining UAW FCA members will receive an average profit share of $6,000. UAW members take great pride in building quality products that our customers want to buy. We look forward to working with FCA for continued success in building great union-made vehicles here in the United States long into the future.
The UAW Membership makes the components for and builds the finest General Motors cars, trucks, crossovers, SUVs and vans in the world right here in the U.S.A. That is the driving force behind propelling GM to make $10.769 billion in net profits in the U.S. for 2018. Profit Sharing payments to UAW-GM Members up to $10,750 is because the UAW proposed this during Negotiations; achieved it at the bargaining table and our members ratified it.
“Today’s General Motors profit sharing, established under the 2015 contract negotiations, recognizes that UAW GM members’ hard work is an essential part of General Motors sales and profits. UAW members at GM negotiated a well-deserved share in the profits of their hard work and sacrifice.”
“We are pleased to see an increase in the average profit sharing, per member, over last year! This could not have been possible if not for the enhanced profit sharing formula negotiated in the 2015 National Agreement and was achieved due to the dedication and hard work of our Brothers and Sisters of the UAW that work for FCA.”
“Through hard work and collective bargaining in 2015, UAW Ford members will receive an average of $7,500 in profit sharing for their work in 2017.”