About 26,200 UAW members at Chrysler will receive the second half of their $3,500-per-worker bonuses on Dec. 21.
Chrysler paid the first $1,750 to its hour workers represented by the union about a year ago after the company reached a four-year agreement with the UAW.
Chrysler is paying the second installment earlier than previously planned because the automaker last month confirmed that it expects to post a profit of about $1.5 billion for 2012.
The payment was to be paid early in 2013.
"This waiver of the four-quarter requirement is made in recognition of the tremendous contribution you have all made to the performance of our facilities and to the revival of Chrysler," Marchionne, 60, wrote in a letter to employees.
The $1,750 payment is in addition to the minimu $500 quality bonus that Chrysler's UAW employees will by paid Dec. 7. Workers at the Dundee, Mich., engine plant, Toledo assembly and a parts distribution center in Portland, Ore., will receive $625 for achieving certain productivity and quality goals. Workers at a parts center in St. Louis will get $1,000 each.
"We appreciate Sergio's and Chrysler's willingness to recognize the contributions of our members at this time of year," said UAW Vice President General Holiefield in a statement.
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