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2025-04-04 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
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Shulou(Shulou.com)11/24 Report--
CTOnews.com, Nov. 2 (Xinhua)-- Toyota Motor Corp. announced on Wednesday that days after UAW won big increases in wages and benefits from the big three Detroit automakers (General Motors, Ford and Stellantis), Toyota also raised wages for some workers at its U.S. factories and shortened the time it takes for employees to get the highest pay, according to the Wall Street Journal.
Starting from January 1 next year, the wages of workers at most of the company's assembly plants will rise by about 9% from $31.86 an hour to $34.80 an hour, and hourly workers at Toyota parts factories and logistics warehouses will receive the same increase, a spokesman for Tuyuan Pexels Toyota said.
In addition, Toyota halved the time it takes for US hourly workers to reach the top pay: from eight to four years, and increased paid leave.
Chris Reynolds, Toyota's head of human resources for North America, said in a statement that Toyota values employees and their contributions and that the company will regularly evaluate compensation to ensure that the company remains competitive in the automotive industry.
"when we return to the negotiating table in 2028, we will not only negotiate with the Big three, but with the Big five and the Big six," the UAW chairman said on Sunday local time.
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