Statement from UAW Vice President Norwood Jewell on FCA US Profit-Sharing Announcement
“Today FCA US announced that UAW members will get an average of $5,000 in profit-sharing payments. Based on the new contract formula that UAW members bargained in 2015 negotiations, some employees could be eligible for higher payments based on compensated hours.
UAW members at FCA US are proud of the quality Chrysler, Jeep, Dodge and RAM products they produce, and through collectively bargained profit-sharing, the hard work and success of our members’ is rewarded.”
“This morning, Ford Motor Co. announced their 2016 North American full-year profits of $9 billion. This is exciting news as our members will each see a significant profit-sharing financial payout per the 2015 collective bargaining agreement... Read more >>>
“I am pleased to announce that the UAW has finalized the documents with GM, Ford and FCA that establish the new Legal Services Plan that was bargained during the most recent round of negotiations with the Big 3... Read more >>>