FCA Hourly Employees Receive Profit Sharing
Feb. 8, 2019—Based on the 2018 financial performance, Fiat Chrysler Automobiles (FCA) announced Thursday it will make average profit sharing payments of $6,000 to eligible UAW-represented employees.
About 44,000 employees will receive the payment on March 8, 2019. With this payment, U.S. hourly employees have received on average more than $29,000 in profit sharing since 2009.
The 2018 profit-sharing payment is based on the adjusted EBIT margin performance of the North American region and on individual compensated hours.