Ford Motor Co. announced that eligible union employees will each receive profit-sharing checks worth an average of $7,600 on March 14.
Ford's 2015 collective bargaining agreement with United Auto Workers (UAW) members requires it to make profit-sharing payments based on its profitability. The manufacturer (NYSE: F) recorded net income of $3.7 billion in 2018.
The 6,560 union workers at Ford's Kansas City Assembly Plant in Claycomo are expected to receive an average profit-sharing check of $7,600.…
Ford Motor Co. announced that eligible union employees will each receive profit-sharing checks worth an average of $7,600 on March 14.
Ford's 2015 collective bargaining agreement with United Auto Workers (UAW) members requires it to make profit-sharing payments based on its profitability. The manufacturer (NYSE: F) recorded net income of $3.7 billion in 2018.
The 6,560 union workers at Ford's Kansas City Assembly Plant in Claycomo are expected to receive an average profit-sharing check of $7,600.…