Nation | Business

Profit-Sharing Checks Replace Autoworkers Raises

NPR | Jan. 30, 2013 2:33 a.m.

Contributed By:

Tracy Samilton

Ford Motor Company will soon hand out record profit-sharing checks to its hourly employees. At General Motors, profit-sharing checks are expected to be pretty fat, too. As Michigan Radio’s Tracy Samilton reports, profit sharing appears to have permanently replaced the expectation of a guaranteed hourly wage increase at Detroit’s Big Three.

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