(WWJ) There’s good news for thousands of Fiat Chrysler workers as the automaker announced today about 40,000 workers in North America will be receiving profit sharing checks.
And they’re a whopper: Every worker should get $5,500 as a result of the company making 4.3 billion dollars last year.
That’s a 50 percent increase from the previous year.
The profit-sharing checks are on top of a $2,000 bonus the workers will receive later this year as a result of the tax reform legislation.
That gives workers the same profit sharing slice of the pie that Ford workers are receiving — $7,500 each. GM’s earning report is expected next month.
The checks will arrive on Feb. 16, according to WWJ’s Jeff Gilbert.