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2012 Profits and profit sharing payouts

# 2012 Profits and profit sharing payouts

Posted in the Chrysler Forum

burt
#1 Jan 24, 2013
Here are the numbers so far:

1st -\$473 million
2nd -\$436 million
3rd -\$381 million
4th - unknown

It looks like Chrysler is close to hitting the \$1.5 Billion goal for the year.

The contract says profit sharing will pay as follows:

Profit (Billions) Payout (Maximum based on hours worked)
----------
0.00 < 1.25 \$0.00
1.25 < 1.50 \$1,250
1.50 < 1.75 \$1,500
1.75 < 2.00 \$1,750

To get a \$5,000 bonus Chrysler would need to make a profit of between \$5 billion and \$5.25 billion.

burt
--
burt
#2 Jan 24, 2013
Profit (Billions)--- Payout (Maximum based on hours worked)

0.00 < 1.25 payout \$0
1.25 < 1.50 payout \$1,250
1.50 < 1.75 payout \$1,500
1.75 < 2.00 payout \$1,750
info
#3 Jan 24, 2013
BURT,,,, dammit its not based on those number at all.. those are after taxes.... profit sharing is simply based on NOrth American Profits before taxes.....ms fOLEY:S BABYBOY

Since: Jul 11

#4 Jan 24, 2013
And this year's goal was \$3B... not \$1.5B.
Heartless

United States

#5 Jan 24, 2013
burt wrote:
Here are the numbers so far:
1st -\$473 million
2nd -\$436 million
3rd -\$381 million
4th - unknown
It looks like Chrysler is close to hitting the \$1.5 Billion goal for the year.
The contract says profit sharing will pay as follows:
Profit (Billions) Payout (Maximum based on hours worked)
----------
0.00 < 1.25 \$0.00
1.25 < 1.50 \$1,250
1.50 < 1.75 \$1,500
1.75 < 2.00 \$1,750
To get a \$5,000 bonus Chrysler would need to make a profit of between \$5 billion and \$5.25 billion.
burt

--
These numbers are just net income numbers, have nothing to do with Profit Sharing.

1st qtr. 740 M
2nd qtr. 755 M
3rd qtr. 706 M
4th qtr TBD (jan.28 -30)

**as of 3rd qtr our Profit Sharing was around 2.2 Billion.
The Sidewinder Shank
#6 Jan 24, 2013
Idiots...a bunch.of know it alls who know.nothing

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