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GM spokesman Kevin Kelly confirmed the existence of the memo and said the benefits apply only to GM's 43,500 U.S. salaried workers. ... "Next year, GM will increase base pay and company matching ...
If General Motors is having any problems, it’s in its nonunion operations in China, where it lost $137 million in the quarter, compared to the $192 million profit it made there a year earlier.
GM said it expects net income will improve a little this year, to a range of $9.8 billion to $11.2 billion. It expects adjusted earnings per share in a range of $8.50 to $9.50, compared with $7.68 ...
Employees' income tax may also be based on their total earnings year-to-date. YTD can describe the return for an investment so far this year. For example, if a stock has a YTD return of 8%, it means that from January 1 of the current year to the present date, the stock has appreciated by 8%.
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
The company reported adjusted net income of $1.6 billion in the fourth quarter, or $1.24 a share. That’s down 46% from a year earlier, partly due to the $1.1 billion cost of the strike, most of ...
For the first half of the year, GM reported an 18% rise in pretax adjusted income to $8.3 billion. GM's net income to shareholders rose 19.2% to $6 billion. Its total revenue was up 7.4% to $91 ...
1H – First half of the year 24/7 – 24 hours a day, seven days a week 80/20 – According to the Pareto principle , for many events, roughly 80% of the effects come from 20% of the causes