Thread regarding Ford layoffs

What Is The Date Profit Sharing Checks Distributed

I retired last year, and I do not have any information as to the date 2022 profit sharing checks will be distributed to white collar. The Detroit News indicates that blue collar checks will be distributed on 3/9. Is it the same date for white collar @Ford? I checked my bank, and I do NOT see a deposit for today.

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Post ID: @OP+1lyGU7Yc

17 replies (most recent on top)

I think around March 15

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Post ID: @ytkx+1lyGU7Yc

@6rsr+1lyGU7Yc. Same here. It appears that my manager decided to stick it to me one last time and give a portion of my allocation to someone still there. I am happy to get anything. However, on principle, since management and HR decided to beat me out of a few thousand dollars, I will no longer give my dollars to Ford, nor will I recommend my family members do so either.

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Post ID: @6bfw+1lyGU7Yc

Just did the math. I was AICP'd in Aug. Looked like the good folks at Ford decided to give me a personal perf AICP of 60%.

SMH

Still better than nothing but what a sc--w job. Since we were already prorated to 2/3rds as it was.

Anyway good riddance Ford. I will never buy another product of yours again.

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Post ID: @6rsr+1lyGU7Yc

Yeah I'm with you. I assume once the agreement was signed they would say 0% for SIRP'd folks! So even $1 is a bonus at this point.

I know some are still salty from the SIRP and I get it. I got lucky, found another position right away, am enjoying the work and an making more than I did at Ford.

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Post ID: @5tot+1lyGU7Yc

@5shb+1lyGU7Yc

The personal adjustment seems to be .8 not .9 for those of us SIRP'd. Everything else seems to be correct in your calculation.

I wasn't expecting anything and am pleasantly surprised as I said.

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Post ID: @5mxp+1lyGU7Yc

@4srx+1lyGU7Yc can you share the math?

You don't have to tell his an amount but did it come out like expected?

Target * 1.48(AICP %) * .9 (personal AICP %) * .67 (prorated for partial year * .661 (for taxes)?

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Post ID: @5shb+1lyGU7Yc

From memory, deposited on the 15th of March, at least the last few years. Many banks/credit unions show it a few days early in a "Pending" status, but funds are usually not available until the 15th.

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Post ID: @4ajv+1lyGU7Yc

SIRP'd in August. Bonus is in my account today. More than I was expecting and a pleasant surprise for a change.

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Post ID: @4srx+1lyGU7Yc

DFCU is showing pending today.

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Post ID: @4qcg+1lyGU7Yc

Did you retire after working at Ford for 3 months? Seems like a trolly question.

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Post ID: @1yxq+1lyGU7Yc

Should be 3/15. With that said, some banks (Huntington for example) give you deposits a few days early, so it could be any day between Saturday and next Wednesday

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Post ID: @1xsy+1lyGU7Yc

yesterday

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Post ID: @imf+1lyGU7Yc

@nsu+1lyGU7Yc For GSRs it always coincides with the first pay period of the month which is the 15th. Thank you for your polite answer to other peoples inquires.

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Post ID: @yeo+1lyGU7Yc

And, NO, it is not always a Friday. Many (over ten) years ago, it was a Friday, but not more recently

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Post ID: @njx+1lyGU7Yc

@nsu+1lyGU7Yc- LOL. Talk about arrogant! Your comment only shows your ignorance. It has been March 15th for many years. I just looked at my online credit union account history and right there are my March 15, 2022 and March 15, 2021 deposits

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Post ID: @uzb+1lyGU7Yc

It’s March 15th for salaried. The prior poster is on crack.

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Post ID: @erd+1lyGU7Yc

In the past it was always tomorrow. You have some arrogant aholes that post here that will try to tell you the 15th.

It was always a Friday. Last year the deposit was 3/10.

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Post ID: @nsu+1lyGU7Yc

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