profit sharing

Chrysler, Awash In Profits, To Give Every Worker $2,250

Chrysler, Awash In Profits, To Give Every Worker $2,250

Chrysler workers will be reaping the benefits of the automaker's turnaround. Four years after the Chrysler Group LLC was bailed out by the federal government, the company is awash in profits, reporting a 2012 net income of $1.7 billion, as was reported by AOL Autos. And the company CEO announced Wednesday it... Read More »

Auto Industry Plans to Share More of Their Profits with Employees

Auto Industry Plans to Share More of Their Profits with Employees

The American auto industry created a middle class. That started, of course, with Henry Ford's $5 day. Brilliant at business, Ford knew his company would grow bigger and faster if his workers could afford to buy Model-Ts. Read More »

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