ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, November 12, 1993                   TAG: 9311120185
SECTION: BUSINESS                    PAGE: A-7   EDITION: METRO 
SOURCE: knight ridder/tribune
DATELINE: DETROIT                                 LENGTH: Short

GM REBUILDS BRIDGES TO SALARIED WORKERS

General Motors President Jack Smith extended a $1,600 olive branch to each of his white-collar troops Thursday, partially offsetting their higher out-of-pocket health insurance costs that hourly workers escaped.

On March 15, each of GM's 65,000 salaried workers in the United States will receive $1,600. They may exchange $600 for four additional paid days off in 1994. The program will cost GM between $65 million and $104 million depending on how many people take the vacation days.

In addition, GM decided to give out all salaried raises next June 1, instead of staggering them throughout the year as it used to do. Those raises, which won't be paid to everyone, are based on performance reviews and other criteria.

- Knight-Ridder/Tribune 


 by CNB