Compensation
GM Victim Compensation Fund Nears 100 Recognized Claims
The uncapped compensation fund created by General Motors to pay the victims associated with its ignition switch recall had nearly 100 applicants at the start of this week.
GM Crash Victim Compensation Plan Announced
General Motors will pay out millions in compensation to victims and their families of crashes related to faulty ignition switches.
GM Offering Employee Bonuses Based on Customer Loyalty
Implementing a new compensation structure, GM North America president Mark Reuss is focusing on customer retention in a way the company might have never tried before: employee bonuses.
Ford CEO Alan Mulally Awarded $58.3 Million In Company Stock
Ford CEO Alan Mulally has been awarded shares of stock worth $58.3 million in value for his key role in the automaker’s turnaround in 2009. According to filings with the U.S. Securities and Exchange Commission, this top executive award is part of an incentive plan that’s tied to Ford’s 2009 performance. Mulally hit nearly all…
