67cougar289 Posted October 30, 2012 Share Posted October 30, 2012 So with today's 3rd qtr. results announced, what is an approximate hourly profit sharing amount so far? It is looking like I'm having a surgery soon, so my total for the year is gonna be pretty much whatever it is right now. Quote Link to comment Share on other sites More sharing options...
Grandmaster B Posted October 30, 2012 Share Posted October 30, 2012 Pre tax North American profit so far is 6.4 billion. That means $6,400 average profit sharing so far. With one more quarter to go. 1 Quote Link to comment Share on other sites More sharing options...
salinedude Posted October 31, 2012 Share Posted October 31, 2012 Unless the 4th quarter tanks. Quote Link to comment Share on other sites More sharing options...
67cougar289 Posted October 31, 2012 Author Share Posted October 31, 2012 Pre tax North American profit so far is 6.4 billion. That means $6,400 average profit sharing so far. With one more quarter to go. That is awesome! Thanks. Quote Link to comment Share on other sites More sharing options...
Ktp1989 Posted October 31, 2012 Share Posted October 31, 2012 minus 10% for VEBA 1 Quote Link to comment Share on other sites More sharing options...
jerrymaker Posted October 31, 2012 Share Posted October 31, 2012 you voted yes.....and our...your...bonus is CAPPED!!!(SMART for company,not so much for membership) where is our union............................. where is our contract books???...don't worry you will see them when election time comes. are they on the way, as we have been told!! when did we sign?? help ...union?? 1 Quote Link to comment Share on other sites More sharing options...
Grandmaster B Posted October 31, 2012 Share Posted October 31, 2012 Glad I don't work with you last two dumb f#%k's! 3 Quote Link to comment Share on other sites More sharing options...
damagedone37 Posted November 1, 2012 Share Posted November 1, 2012 you voted yes.....and our...your...bonus is CAPPED!!!(SMART for company,not so much for membership) where is our union............................. where is our contract books???...don't worry you will see them when election time comes. are they on the way, as we have been told!! when did we sign?? help ...union?? Stop posting misleading info profit sharing is not capped. This was put to rest when fearmongering was rampant during contract neogiatons Quote Link to comment Share on other sites More sharing options...
Twincam Harley Posted November 1, 2012 Share Posted November 1, 2012 Stop posting misleading info profit sharing is not capped. This was put to rest when fearmongering was rampant during contract neogiatons Uh, yes it is, at $12,000. Want proof? Read page 176 http://www.uaw.org/sites/default/files/FORD%20CBA%20Book%203.pdf 2 Quote Link to comment Share on other sites More sharing options...
bigredogre Posted November 2, 2012 Share Posted November 2, 2012 yes it is capped ,nice link above me. and any additional overtime bonus money is capped also. thanks bob king Quote Link to comment Share on other sites More sharing options...
Ktp1989 Posted November 2, 2012 Share Posted November 2, 2012 yes it is capped ,nice link above me. and any additional overtime bonus money is capped also. thanks bob king Thanks all the idiots that voted it in! 1 Quote Link to comment Share on other sites More sharing options...
DTP Nick Posted November 2, 2012 Share Posted November 2, 2012 Like we would ever reach the max allowed for profit sharing. People who say that we should have voted the last contract down are mindless idiots who have no understanding of the auto industry. Read a business page in the newspaper once in awhile morons 2 Quote Link to comment Share on other sites More sharing options...
X NAP MILLWRIGHT Posted November 2, 2012 Share Posted November 2, 2012 (edited) Like we would ever reach the max allowed for profit sharing. People who say that we should have voted the last contract down are mindless idiots who have no understanding of the auto industry. Read a business page in the newspaper once in awhile morons I have received more than the current cap in the past. Ford took the union to school in the last round of negotiations. I could save the union some money on new contract books. 1) Open your old contract book 2) Gather a straight edge and pencil 3) Cross through anything that benefits the worker 4) Add 2nd tier wage scale 5) Remove defined pension for new employees 6) More AWS 7) On the last page write be thankful you have a job Keep drinking the cool aid Edited November 2, 2012 by X NAP MILLWRIGHT 2 Quote Link to comment Share on other sites More sharing options...
longball Posted November 2, 2012 Share Posted November 2, 2012 (edited) minus 10% for VEBA Do you want medical coverage when you retire???? Then you better hope that every profit share is good...Ford no longer owes you medical when you retire....The money has to come from you or there will be none....Ford paid all they are going to...If you want coverage in retirement, you better not bitch about paying for it now....or your could pay later dumb ass Edited November 4, 2012 by longball 3 Quote Link to comment Share on other sites More sharing options...
jerrymaker Posted November 3, 2012 Share Posted November 3, 2012 Stop posting misleading info profit sharing is not capped. This was put to rest when fearmongering was rampant during contract neogiatons you are wrong, and don't vote period.... Quote Link to comment Share on other sites More sharing options...
Ktp1989 Posted November 3, 2012 Share Posted November 3, 2012 Do you want medical coverage when you retire???? Then you better hope that every profit share is good...Ford no longer owes you medical when you retire....The money has to come from you or there will be none....Ford payed all they are going to...If you want coverage in retirement, you better not bitch about paying for it now....or your could pay later dumb ass First of all...I have family members retired now who are getting screwed on the insurance our union took over...at what point was my post of "minus 10% towards veba" in anyway negative or stating that I didn't agree?...when I was simply adding on to a previous post someone made that the total was 6400 for 6.4 billion...making sure everyone knew that the veba must come out of that figure....Jump to many conclusions..."dumbass"...one in every post! Quote Link to comment Share on other sites More sharing options...
longball Posted November 3, 2012 Share Posted November 3, 2012 (edited) First of all...I have family members retired now who are getting screwed on the insurance our union took over...at what point was my post of "minus 10% towards veba" in anyway negative or stating that I didn't agree?...when I was simply adding on to a previous post someone made that the total was 6400 for 6.4 billion...making sure everyone knew that the veba must come out of that figure....Jump to many conclusions..."dumbass"...one in every post! If your "minus 10% for VEBA " wasn't a shot at the arrangement to pay for our medical benefits...why didn't you also add union dues, medicare,state tax, federal tax,school tax...and what ever else you pay out of profit sharing....you can try to back out of your own words but it ain't flying with me....if your looking for the one dumbass in every topic you might want to look in the mirror... Also our union is the one who reduced our benefit levels....this has nothing to do with the company...If Ford would have tried to do to the retirees, what the union did...we would have had our first strike since '76 Edited November 3, 2012 by longball Quote Link to comment Share on other sites More sharing options...
lquidspine Posted November 4, 2012 Share Posted November 4, 2012 you voted yes.....and our...your...bonus is CAPPED!!!(SMART for company,not so much for membership) where is our union............................. where is our contract books???...don't worry you will see them when election time comes. are they on the way, as we have been told!! when did we sign?? help ...union?? I voted yes for several reasons; Entry level got a raise- they are our future get them up to traditional wage and benefits asap Yes the profit sharing is capped at 12k- tell me the last time Ford hit 12 billion for north American profits--damagedone is wrong, follow twincam harley's page references Check the tab next to your pay stub online Volume 1 is there and the other 5 Volumes should be there soon, thats right it has taken so long because there is now 6 Volumes instead of 5 After the new year FRAP yes not AAI but Flat Rock Assembly Plant will be getting insourced work from Mexico, please tell me the last time we have insourced work from a cheaper labor country....I am sure you cant because it has never happened before. 1 Quote Link to comment Share on other sites More sharing options...
Ktp1989 Posted November 4, 2012 Share Posted November 4, 2012 (edited) If your "minus 10% for VEBA " wasn't a shot at the arrangement to pay for our medical benefits...why didn't you also add union dues, medicare,state tax, federal tax,school tax...and what ever else you pay out of profit sharing....you can try to back out of your own words but it ain't flying with me....if your looking for the one dumbass in every topic you might want to look in the mirror... Also our union is the one who reduced our benefit levels....this has nothing to do with the company...If Ford would have tried to do to the retirees, what the union did...we would have had our first strike since '76 Because all other items are a given and are taken out everytime...have been for almost 25 years when I received a check...veba is new and some may not be aware....your an idiot. You make a stupid ass comment and rather than admit you may have jumped the gun and after I made it clear I have several family members who are directly affected by VEBA...you try and prove your point and make yourself look even dumber then I originally thought...and your thought that this union would ever have the balls to strike proves my point because this union will never strike again...period...ding ding ding...we have our thread idiot...lovesballs! Edited November 4, 2012 by Ktp1989 Quote Link to comment Share on other sites More sharing options...
longball Posted November 4, 2012 Share Posted November 4, 2012 Let's just cut to the chase..."Do you support paying 10% of your profit sharing to VEBA" Quote Link to comment Share on other sites More sharing options...
longball Posted November 4, 2012 Share Posted November 4, 2012 Please don't speak of our union in such a derogatory tone....you would not be looking at retiring in a few years if not for my/our union, you would not have nearly the benefits if not for the UAW...let alone getting a share of the profit....wake up brother....the benefit you fund with 10% of extra/free money may someday be your own.... Quote Link to comment Share on other sites More sharing options...
bigphish Posted November 4, 2012 Share Posted November 4, 2012 (edited) Our union!!!!! I for one will speak about the union anyway i want. Do you really trust these people to manage our health care money wisely, i don't. Current retirees who think they are getting srewed haven't seen anything yet. You call profit sharing free money, i for one bust my rear everyday and i feel i have earned every penny. If the union comes to us next contract and says we need 25% of your "free money" will you vote yes for that too. Damagedone mentioned fear mongers, he must be talking about the union reps that were walking the floor telling people they better vote yes or ford will give their work to a plant that votes yes. If you or anyone else thinks teir 2 wages will ever be brought up to to teir 1 level please share what ever you're smoking with the rest of us. Your union negotiated 3 raises for people that haven't even been hired yet. what about us, you know the people that come to work everyday and haven't had a raise in how many years? Speaking of raises we gave up our last raise to contribute to retiree health care is that 1 dollar an hour still going to that or did it just disappear? Please don't come back with in this economy we are lucky to have a job, because in this same economy ford has the money to give management raises and invest 100's of millions of dollars all over the world with money this membership helped them earn. The iuaw is in bed with the company and if people can't see that there is little hope for any of us. How big do you think the signing bonus checks for iuaw reps were? Profit sharing is based on hours worked everyones check is different. a skilled trades person woking overtime could easily reach that 12,000 cap. Until the membership finally says enough is enough our race to the bottom (teir 2 wages for everyone) will continue. Edited November 4, 2012 by bigphish Quote Link to comment Share on other sites More sharing options...
lquidspine Posted November 4, 2012 Share Posted November 4, 2012 Let's just cut to the chase..."Do you support paying 10% of your profit sharing to VEBA" Yes 1 Quote Link to comment Share on other sites More sharing options...
longball Posted November 4, 2012 Share Posted November 4, 2012 I call profit sharing free money because I believe you would work just as hard even if you never got profit sharing....you work hard everyday because that is what you were hired to do...not because of profit sharing...free money?...think about it....I put in my time with and without the chance of a profit sharing check...and no one I worked with ever gave a thought of working differently because of profit sharing....We all hired into a situation that the company and union controlled...we are just the grunts....I'm no union cheerleader by any means...but we have or had very good paying jobs with good bennies...The company didn't GIVE these to us out of the goodness of their hearts...our union negotiated them for us...good time of year to be thankful....I give up....can't take the negativity ..go ahead and be angry about your situation...you might want to blame yourself if you feel you're not compensated enough....there are a lot of opportunities out there. Quote Link to comment Share on other sites More sharing options...
damagedone37 Posted November 4, 2012 Share Posted November 4, 2012 I will admit I'm wrong. The top level is 12000, however do you any of you believe we'd ever see that kind of profit sharing? I highly doubt it. And jerrymaker...you are really bitter about RAWS and having to work at DTP so much. I was in the same boat. Call Joel and the international and ask him why they just hired 150 new hires without bringing any RTBUs back. I for one, don't care anymore. Life goes on. Quote Link to comment Share on other sites More sharing options...
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