UAW-Chrysler Profit Sharing History - Dodge Nitro Forum
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UAW-Chrysler Profit Sharing History

UAW-Chrysler Profit Sharing History

Plan Year* Avg. BU** Payment Percentage Factor

1986 $500 Flat $500
1987 $500 Flat $500
1988 $720 2.30%
1989 $0 0.00%
1990 $0 0.00%
1991 $0 0.00%
1992 $429 1.10%
1993 $4,300 10.50%
1994 $8,000 17.90%
1995 $3,200 7.00%
1996 $7,900 17.30%
1997 $4,600 10.20%
1998 $7,400 14.90%
1999 $8,100 15.90%
2000 $375 0.70%
2001 $0 0.00%
2002 $460 0.80%
2003 $0 0.00%
2004 $1,500 2.50%
2005 $650 1.10%
2006 $0 0.00%
2007 $0 0.00%
2008 $0 0.00%
2009 $0 0.00%
2010 $0 0.00%
2011 $1,500
2012 $2,250
2013 $2,500
2014 $2,750

1986-2014
29 years 2009-2014
6 years
Total Payments $57,634 $9,000
Average Payment $1,987 $1,500


*Amounts for each plan year are paid in the first quarter of the following year.
**Average payment amounts represent both hourly and salaried bargaining unit employees.


Notes:
1) In 1985 negotations, Chrysler and the UAW agreed to $500 payments for the 1986 and 1987 plan years and to negotiate a profit sharing agreement for the 1988 plan year.
2) In 2010, there was no profit sharing payment; however, Chrysler paid a $750 discretionary bonus to its employees.
3) In 2011, Chrysler and the UAW agreed to pay profit sharing based on all North American profits, which is 85% of worldwide profits.

Rick

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