Ford CEO's Wage Boost: Inspired by Henry Ford
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sabato
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Ford CEO Jim Farley, inspired by Henry Fords wage increase, boosted employee wages and benefits, transitioning temporary workers to full-time status. He addressed a skilled trade worker shortage, with unfilled mechanic positions and high salaries. Despite wage grievances and a 2023 strike, Ford continues to attract young people to manufacturing careers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
