Ford has doubled the annual bonuses for some of its salaried workers while the company’s CEO will be taking a reduced amount following backlash over its current payout formula, the company confirmed to The Detroit Press. The automaker originally announced on Feb. 7 that its annual bonus formula would be based on a 54 percent payout for lower-level salaried workers and their supervisors, based on results in North America. Meanwhile, the company said that senior managers, regional directors, global directors, executive directors, and vice presidents would receive a 135 percent payout, based on global results. But the announcement faced backlash from some employees who were reportedly unhappy that Ford had chosen to give high-level salaried workers a higher bonus than lower-level ones, as well as the fact that the automaker’s scheme focused on global performance. Multiple workers expressed their disappointment and concerns about the decision regarding the bonus scheme directly to CEO …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta