GM Reveals Salaried Downtime Paid Absence Policy (SDPA)
Download this pdf to get the 411 on a new GM-on-the-brink compensation
scheme [http://tinyurl.com/dfacu3 ], sent to us by a member of TTAC’s
Best and Brightest. The program has been activated by GM’s recent
decision to shut down production for nine weeks over the summer. How’s
this for reassurance? “SDPA salary will be paid on a semi-monthly basis.
The current percentage established by this policy is 75%. Leadership
reserves the right to terminate, modify, suspend, increase or decrease
salaries and benefits provided under this policy.” Equally worrying (for
some), employees getting free vehicles form GM will have to pay for
their own fuel during the downtime. “Fuel expenses incurred during the
entire paid downtime period are at the expense of the employee (similar
to when on vacation or Holiday). All other vehicle expenses (e.g., oil
changes, etc.) will continue to be covered in accordance with the
PEP/ECVP rules and terms in effect throughout the paid downtime
period(s).” Every 3000 miles?