Labor & Economic News Blog

Wednesday, March 05, 2008

Ford CEO: Performance bonuses for all workers

Ford CEO: Performance bonuses for all workers
Even though it lost $2.7 billion last year, Ford Motor Co. will pay performance bonuses to all hourly and salaried workers in the U.S. and Canada, and to its management team around the globe, the automaker's chief executive announced Wednesday. In an e-mail message to workers sent Wednesday morning, Chief Executive Alan Mulally said the bonuses will come in paychecks this month because the company is making significant progress toward becoming profitable again. "We worked together as never before to deliver results in several key areas despite tough business conditions," Mulally wrote.

 



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