2. Change the profit-sharing plan to the following:
- Change to GLOBAL profits, not just those in the US, since we export many cars and trucks that we build.
- For profits under $1 billion, but above $0, put $50 million into the profit sharing fund, divided equally between all hourly employees (approximately $1,000 each before taxes).
- For profits between $1B and $2B, put $75M into the fund, divided equally between all hourly employees (approximately $1,850 each before taxes)
- For profits between $2B and $4B, put $100M into the fund, divided equally between all hourly employees (an average of $2,450 before taxes)
- For profits between $4B and $6B, put $250M into the fund from profits, divided equally between all hourly employees (an average of $6,170 before taxes)
- For profits above $6B, put $450M into the fund, add a $50M "quality & productivity" bonus, with the sum ($500M) divided equally by all hourly employees (an average of $12,345 before taxes)
These figures assume 40,500 hourly employees. In this scenario, BOTH 1st-tier and 2nd tier would receive THE SAME profit share amount. The only things we would have to know are:
-Total Global Profits, and
-The current number of US hourly employees.
How simple could that be?
Sounds Good
Now how do we weed out the ones that do not come to work or are always on restriction/medical
Do they deserve the same as the guy that comes to work everyday and does his job ?