• Mar 8th 2007 at 5:35PM
  • 20

Ford announced today that it will be cracking open the coffers to pay out a bonus to every single one of its salaried and hourly workers in the U.S. and Canada, a number that now stands between 120,000 and 128,000 people. According to Automotive News, the bonuses will range from $300 to $800 for nonmanagers, while management will get a little more (isn't that always the way?). Ford has stated the bonuses are meant to boost morale and recognize the hard work of the entire Ford family to reduce costs, improve quality and pair down the ranks.

The one question that has to be asked is where or not Ford can really afford this right now. If we were to assume the least expensive scenario of the automaker paying 120,000 workers a $300 bonus, the tally would come to $36 million. That's the least expensive scenario, which is a gross underestimate since there could be up to 128,000 eligible for the bonuses that range up to $800 and even more for managers. Morale is certainly important, don't get us wrong, but perhaps such a large payout during these tough times will actually shake the morale of those workers left who believe their leaders aren't making the right decisions. It's something to think about.

[Source: Automotive News]

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    • 1 Second Ago
      • 8 Years Ago
      Hey Rick Lyon..are you really that dumb to think a Ford worker drew the cartoon bubble with that caption inside?
      • 8 Years Ago

      Why is everyone who visits this site such a fuckin' idiot?
      • 8 Years Ago
      #4 (Aaron): "the fact that they aren't spending 50k a week shuttling mullet man fields around on the ford plane ave them a few bucks to spread around.."

      Too bad Ford blew those savings away by giving the same perk right back to Alan Mulally. And his family. And their friends.

      • 8 Years Ago
      It's "pare" down their ranks, not "pair". J.H.C, the editing and grammar on this site has gone to complete shit. Where did you guys learn to write?
      • 8 Years Ago
      Good for Ford !! This shows some confidence on the future and respect and appreciation for his employees even in these hard times.I hope with the help of some oh his european products they can turn things around and go back to making profits on their vehicles.
      • 8 Years Ago
      the fact that they aren't spending 50k a week shuttling mullet man fields around on the ford plane ave them a few bucks to spread around..

      • 8 Years Ago
      People who were recently laid off are eligible for the bonuses as well.
      • 8 Years Ago
      "Why are your captions always condescending to UAW employees? "

      Perhaps because UAW employees are overpayed underperforming parasites who are destroying the domestic auto industry?
      • 8 Years Ago
      The low cost scenario is less than what Mullally makes in a year.
      • 8 Years Ago
      Just to clarify, it is not strictly "all Ford employees" as it excludes those in Europe, where the company is profitable, thus rewarding success ?
      • 7 Years Ago
      many of us who are canadian ford workers laugh at these bonuses handed out and feel the money should be used on new product designs instead of tossing out bones to their employees. What we see coming out of Dearborn shows lack of imagination.
      • 8 Years Ago
      This makes no sense....

      "So guys, we need you to work harder, quicker, and build a better product, so we can stay in business, alright?"

      UAW Worker:
      " *muble* well I guess it's either this or get fired"

      "You guys catch on quick, but for good measure, we are laying off 10,000 of you."

      ....sometime later....

      "Ha ha, remember all that hard work we had you do, we were just kidding, haha. Here's some money."

      UAW Workers:
      "....what the hell just happened... I think we got hosed."
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