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General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
Maritz is a sales and marketing services company that designs and operates employee recognition and reward programs, sales channel incentive programs, (including incentive travel rewards [2]) and customer loyalty programs. [3] It also plans corporate & association trade shows, meetings and events, and offers a customer experience technology ...
In 1926, the company introduced the Pontiac brand and established the General Motors Group Insurance Program to provide life insurance to its employees. [16] The following year, after the success of the 1927 model of the Cadillac LaSalle designed by Harley Earl, Sloan created the "Art and Color Section" of GM and named Earl as its first ...
Bernard was part of a GM Fellowship program at Harvard and was fully supported for two years. When I talked with Bernard by phone, I asked him if he was actually awake at 5 a.m. when he got that ...
Companies provide benefits that go beyond a base salary figure for a number of reasons: To raise productivity and lower turnover by raising employee satisfaction and corporate loyalty, take advantage of deductions, credits in the tax code. [21] Wellness programs can also lower health insurance costs.
GM President Mark Reuss called the union’s contract demands “untenable” and said they would leave the company unable to make the investments it needed to compete with nonunion automakers.
GM declined to disclose the entire number of layoffs, but a source familiar with the action confirmed more than 1,000 salaried employees would be laid off, including 600 in Warren, Michigan ...
Instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a "salary packaging" or "salary exchange" arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree.