US: GM, Chrysler bonuses may boost union demands

Generous employee bonuses by General Motors and Chrysler are likely to upset US labour unions, warn insiders. According to Bloomberg, citing individuals familiar with the situation, GM plans to pay most managers bonuses equal to 15-20% of their annual salary. A small portion of its salaried employees (1%) could receive Subscribe to Automotive World to … Continued

• By Webmaster
• February 11, 2011