The Obamanation

[Lamplighter]

FWIW: In 2009, GM employed 12,600 in Ohio, Ford had about 7,000. Honda had 15,000

General Motors has signed a new contract to bring 760 new jobs to Ohio,
increase parts and welding assembly work in Ohio that currently is being done overseas,
and call back of most workers that had been laid off due to parts shortages.
Here are some of the items in the new contract:

What UAW members get under tentative contract with GM

* Bonuses - $5,000 in signing bonuses; $1,000 a year to cover rising inflation;
and up to $250 annually if workers hit quality improvement targets.

* Profit sharing - $1 in bonuses for every $1 million in GM North American
profits if the automaker earns at least $1.25 billion a year.
So $6 billion in GM profits would translate to $6,000 per worker in profit sharing.

* Jobs - 6,400 new jobs at plants in Spring Hill, Tenn., Wentzville, Mo.; and several Michigan plants.
In Ohio, Parma, Lordstown and Defiance plants could get new work.
* Wage increases - Entry-level workers would get about $3 an hour in raises over the life of the contract.
Workers receiving the higher wage would receive no increases.

* Buyouts - Skilled workers could get up to $75,000 to retire by March 31.
Non-skilled workers could get up to $10,000 to retire by then.