Workers are in line to receive profit-sharing checks worth up to $14,670 after automaker Stellantis announced its strong earnings for 2021.
More than 40,000 employees of automaker Stellantis will receive profit-sharing checks worth up to $14,670 before taxes in March.
Workers represented by the United Auto Workers union are set to receive the payouts after the company announced its strong earnings for 2021, its first year after it was formed from the merger of Fiat Chrysler Automobiles and PSA Group, on Wednesday. According to the company, the $14,670 amount, based on the company's 2021 earnings in the North America region, is the largest profit-sharing payout for workers that Stellantis or its predecessors have announced in 35 years, and a benefit of the removal of a profit-sharing maximum of $12,000 in the 2019 contract.
About 43,000 Stellantis workers are eligible for the payouts, a Stellantis spokesperson confirmed in an email to, but the actual amount they receive will depend on the hours they worked. They are expected to receive the payouts in their March 11 paycheck. Jeep Grand Cherokee Ls go through assembly at the Stellantis Detroit Assembly Complex-Mack on June 10, 2021 in Detroit, Michigan"Today's announcement that eligible UAW Stellantis members will receive an eligible profit sharing amount of $14,670 is a reflection of the hard work and dedication UAW members bring toward the success ofRead more
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