imageneral Posted January 23, 2014 Share Posted January 23, 2014 http://www.goauto.com.au/mellor/mellor.nsf/story2/4A5E444FA580E4E1CA257B3200008B77 I dont know what they make hourly compared to us over there on the other side of the pond. But that is a pretty sweet profit sharing check they get. Quote Link to comment Share on other sites More sharing options...
2seater Posted January 24, 2014 Share Posted January 24, 2014 Who would of thunk it? Toyota in Japan is unionized. Now theres irony. Quote Link to comment Share on other sites More sharing options...
ford98 Posted January 25, 2014 Share Posted January 25, 2014 what day do we get our profit sharing on in know its in march ? Quote Link to comment Share on other sites More sharing options...
lquidspine Posted January 26, 2014 Share Posted January 26, 2014 Should be March 12th Quote Link to comment Share on other sites More sharing options...
Twincam Harley Posted January 28, 2014 Share Posted January 28, 2014 Average check = $8800 Quote Link to comment Share on other sites More sharing options...
Twincam Harley Posted January 28, 2014 Share Posted January 28, 2014 I had a feeling we were going to get screwed somewhere in PS for this year... FNA (thru Q3 2013) profit: $7.079 Billion Special Items: $1.257 Billion Net EBIT: $5.822 Billion Thanks to those special items (of which most [~700M] are related to Europe, but we get charged for), we're so far losing $1,257 off of an average check of $7,079. Too bad the reps who thought of this "ingenious" profit sharing program didn't think to exclude the special items of the one money-losing market Ford is still doing business in. Don't think Europe's woes apply to us? Think again. Page 86 of Volume III (SUB/Profit Share agreement) specifically states they exclude special items from FNA EBIT, regardless of market. We still have one quarter to go, but don't look for this year's check to be bigger than last year's - it'll be about the same, if not a little less. Still (depending on 4Q results), expect the per-hour profit share to be about $3.4245/hour. On 2080 hours, this equals about $7,122.96. If you want a quick way to figure your hours (instead of going thru all of your paystubs), go to Labor. They have this information at the ready for everyone and it won't take but 2 minutes for them to pull it up. Well, it's much larger. Thanks, Nostradamus. Quote Link to comment Share on other sites More sharing options...
fordd Posted January 28, 2014 Share Posted January 28, 2014 When figuring out the eligible hours for profit sharing, do vacation/personal days and holidays get included or is it strictly hours worked? Quote Link to comment Share on other sites More sharing options...
Pioneer Posted January 28, 2014 Share Posted January 28, 2014 (edited) When figuring out the eligible hours for profit sharing, do vacation/personal days and holidays get included or is it strictly hours worked? Vacation, personal, straight time hours worked, bereavement, and any hours paid while on Union business. Edited January 28, 2014 by Pioneer Quote Link to comment Share on other sites More sharing options...
SU-FI Posted January 28, 2014 Share Posted January 28, 2014 Average check = $8800 I saw that on the detroit news, i thought with all the talk about the huge profits we havent havent seen in so long, the check would be more then 800 above last years. oh well, can't complain, it'll pay off some debt. Quote Link to comment Share on other sites More sharing options...
littlecountry Posted January 29, 2014 Share Posted January 29, 2014 Union said Ford made 8.8 billion in a statement they put out before Ford even announced earnings, Ford said they made 8.6 billion! Union should let Ford announce earnings!!! Quote Link to comment Share on other sites More sharing options...
wildosvt Posted January 29, 2014 Share Posted January 29, 2014 Union said Ford made 8.8 billion in a statement they put out before Ford even announced earnings, Ford said they made 8.6 billion! Union should let Ford announce earnings!!! http://www.autonews.com/article/20140128/OEM/140129779/ford-posts-3-billion-quarterly-profit-aided-by-tax-gains "In North America, Ford earned a pretax profit of $1.7 billion in the fourth quarter, 9 percent less than the same period a year ago. But its full-year earnings for the region rose 5 percent to $8.8 billion, which the company said was a record." Quote Link to comment Share on other sites More sharing options...
thejudgehoss Posted February 28, 2014 Share Posted February 28, 2014 This post has been deleted as this forum is for Ford employees only. Blue Oval News Staff Quote Link to comment Share on other sites More sharing options...
Grandmaster B Posted February 28, 2014 Share Posted February 28, 2014 Thejudgehoss: I'll get you a job here at the axle plant. Then you can afford that mortgage and you can get on YOUR high horse and ride your profit sharing check right to the bank. Quote Link to comment Share on other sites More sharing options...
johnson Posted March 5, 2014 Share Posted March 5, 2014 Anyone know what the profit sharing factor is this time? Quote Link to comment Share on other sites More sharing options...
focusfrank Posted March 5, 2014 Share Posted March 5, 2014 What's the exact date where getting the check? Quote Link to comment Share on other sites More sharing options...
Pioneer Posted March 5, 2014 Share Posted March 5, 2014 March 13th. Quote Link to comment Share on other sites More sharing options...
Langston Hughes Posted March 6, 2014 Share Posted March 6, 2014 Thejudgehoss: I'll get you a job here at the axle plant. Then you can afford that mortgage and you can get on YOUR high horse and ride your profit sharing check right to the bank. Don't we have enough of those types already? One BP is enough for a whole plant. Quote Link to comment Share on other sites More sharing options...
Long forker DTP FINAL Posted March 7, 2014 Share Posted March 7, 2014 3.9 is the factor. Quote Link to comment Share on other sites More sharing options...
johnson Posted March 7, 2014 Share Posted March 7, 2014 3.9 is the factor. Thank you.....I was doing the math in reverse from last year's amount and comparing it to this year's average, and that's about what I was guessing. Quote Link to comment Share on other sites More sharing options...
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