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<blockquote data-quote="nWo" data-source="post: 6165220" data-attributes="member: 86976">Offered made to the Jeep plant in Toledo.&nbsp; Just for reference what other recent union buyouts look like.Employees with 15 years of tenure qualify for a $50,000 payout, whereas employees with a minimum of 25 years may qualify for a payout of $72,000. In addition, the automaker will also cover six months of medical coverage, excluding dental benefits. However, it’s highly unlikely that every applicant will be approved as the decision is up to management discretion and based on business needs. The buyout period will run from March 18 to May 8, with employee departures starting as early as one week after approval and as late as September 30. [URL unfurl=&quot;true&quot;]https://www.cbtnews.com/stellantis-offers-uaw-workers-buyouts-as-part-of-cost-cutting-strategy/[/URL]Also looks like some GM employees got $50,000 in 2024. [URL unfurl=&quot;true&quot;]https://www.detroitnews.com/story/business/autos/general-motors/2024/05/23/uaw-negotiates-to-increase-number-of-gm-workers-eligible-for-buyouts/73822573007/[/URL].</blockquote>

[QUOTE="nWo, post: 6165220, member: 86976"] Offered made to the Jeep plant in Toledo. Just for reference what other recent union buyouts look like. [I]Employees with 15 years of tenure qualify for a $50,000 payout, whereas employees with a minimum of 25 years may qualify for a payout of $72,000. In addition, the automaker will also cover six months of medical coverage, excluding dental benefits. However, it’s highly unlikely that every applicant will be approved as the decision is up to management discretion and based on business needs. The buyout period will run from March 18 to May 8, with employee departures starting as early as one week after approval and as late as September 30. [/I] [URL unfurl="true"]https://www.cbtnews.com/stellantis-offers-uaw-workers-buyouts-as-part-of-cost-cutting-strategy/[/URL] Also looks like some GM employees got $50,000 in 2024. [URL unfurl="true"]https://www.detroitnews.com/story/business/autos/general-motors/2024/05/23/uaw-negotiates-to-increase-number-of-gm-workers-eligible-for-buyouts/73822573007/[/URL] . [/QUOTE]

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