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GM then matches employee contributions up to 4% beyond that amount. The match will increase 2%, meaning that if an employee contributes 6%, GM will now be contributing 10% to 401(k) plans.
The agreement also will allow GM employees at certain plants a chance to transfer to either the battery plants or electric vehicle plants when there is an opening to secure jobs as GM transitions ...
The affected employees will receive a payment equivalent to their wages and benefits as if they were employed through Jan. 14, 2025.” ... He also served for 16 years as head of GM’s employee ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
The 2007 General Motors Strike was a labor union strike that lasted three days from September 23 to September 25, 2007, organized by the United Auto Workers (UAW) union. The UAW were engaged in talks with General Motors (GM) to negotiate a new labor contract but were unable to come to an agreement before the deadline.
The 2009 General Motors Chapter 11 sale of the assets of ... which would eliminate 20,000 of its 80,000 current employees. The present General Motors Company is a ...
The ripple effect associated with the strike at GM facilities was estimated to have spread to 2,500 other workers who were laid off at GM as of Oct. 25, according to GM's tally of the strike's impact.
GM said by expanding the list of vehicles that its eligible employees can drive to include the new EVs, it will reinforce GM's commitment to an all-electric future. It also gives the workforce a ...