Search results
Results from the WOW.Com Content Network
Employee pricing is a selling strategy launched in 2005 by the auto industry to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some local
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
Benefits may also include formal or informal employee discount programs that grant workers access to specialized offerings from local and regional vendors (like movies and theme park tickets, wellness programs, discounted shopping, hotels and resorts, and so on). [9] [10]
In 1926, the company introduced the Pontiac brand and established the General Motors Group Insurance Program to provide life insurance to its employees. [16] The following year, after the success of the 1927 model of the Cadillac LaSalle designed by Harley Earl, Sloan created the "Art and Color Section" of GM and named Earl as its first ...
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Health insurance is a common employee benefit because there is no government-sponsored national health insurance in the United States, and premiums are deductible on personal income tax. 401(k) accounts are a common employer organized program for retirement savings because of their tax benefits.
Customers who subscribe to certain AOL plans are eligible to receive discounts and deals from AOL Perks. To view what your AOL plan has to offer, check out your AOL MyBenefits page. If you’d like to get a plan that includes AOL Perks, give us a call at 1.800.827.6364.
1918 also saw personnel increase at GM. The number of employees grew from about 49,000 workers to 85,000 workers. Many came from the South of the United States, as well as from Europe, to work at GM Michigan facilities. To accommodate them, GM began to build employee housing with the nearly $2.5 million dollars set aside for the project.