TM - Honda Steps Up With 11% Wage Hike For US Production Staff: Report | Benzinga
Honda Motor Co Ltd (NYSE: HMC) reportedly announced an 11% wage increase for its production workers in the U.S., effective from January.
This decision comes on the heels of the United Auto Workers (UAW) union and major U.S. automakers establishing tentative wage contracts.
Furthermore, Honda said it is set to reduce the duration for employees to reach the top wage tier from six years to three, according to a report ...