Profit-Sharing Checks Replace Autoworkers Raises | WAMU 88.5 - American University Radio
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Profit-Sharing Checks Replace Autoworkers Raises

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Ford Motor Company will soon hand out record profit-sharing checks to its hourly employees. At General Motors, profit-sharing checks are expected to be pretty fat, too. Profit sharing appears to have permanently replaced the expectation of a guaranteed hourly wage increase at Detroit's Big Three.
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