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Ford Executive Director Jim Farley has learned from older employees That some young carmaker workers were changing to Amazon to connect the edges, he told the Aspen Ideas Festival. Farley said he took advantage of founder Henry Ford to collect factory salaries up to $ 5 a day in 1914 to turn temporary workers into full -time employees. Earlier, young people escaped from production jobs due to low salaries.
Some economists Credit Car Henry Ford to launch the US middle class in the 20th century, when in January 1914 it covered factory salaries up to $ 5, more than twice as high as the average salary per eight-hour working day.
More than 100 years later, facing the reality of many employees who “barely do”, Ford CEO Jim Farley said he had removed a page from the founder’s playboy.
The executive director of the car manufacturer has acknowledged the need to make a change in his workplace when he talks to veteran employees during the Union’s negotiations and learned that young Ford employees work in multiple jobs and receive insufficient sleep, Farley in an interview with the journalist and biographer Walter, Walter.
“The older workers who were in the company said,” None of the young people want to work here. Jim, you pay $ 17 an hour and they are so stressed, “Farley said.
Farley learned that some workers also take a job at Amazon, where they worked for eight hours before joining a seven -hour shift in Ford, sleeping only three or four hours. As a result, the company has turned temporary workers into full-time employees, making them eligible for higher salaries, profit sharing checks and better healthcare coverage. The transition was outlined through negotiations for 2019 contracts with United Automobile Workers (UAW), with temporary workers being able to take full time after two years of continuous employment in Ford.
“It wasn’t easy to do,” Farley said. “It was expensive. But I think these are the kind of changes we have to make in our country.”
Ford’s own decision to double the factory salaries in 1914 is not altruistic, but more recently a strategy for attracting a stable workforce, as well as to provide an incentive for their own workers to be able to afford Ford products.
“He said,” I do this because I want my factory worker to buy my cars. If they make enough money, they will buy their own product, “Farley said. “It’s a self -fulfilling prophecy, somehow.”
Farley, a supporter of increasing the productivity of US production to support the main economy, is advocating for young workers to have strong commercial experience.