said on Monday that it would pay the largest profit-sharing checks in its history to 45,000 hourly workers in the United States.
The checks will be worth “upwards of $4,000,” a G.M. spokeswoman, Sherrie Childers-Arb, said. That is more than double the company’s previous record of $1,775, paid in 2000.
About 3,000 G.M. workers at four plants in New York, Michigan and Indiana that were formerly part of the Delphi Corporation will receive about $3,000 each.
Monday, February 14, 2011
Bonus Time at G.M.
Nick Bunkley of The New York Times reports on record-setting bonuses at G.M.