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wages

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    Report: West Coast Customs faces stiff fines for not paying employees
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    West Coast Customs is in trouble with federal authorities and will be forced to pay over $150,000 thanks to charges that employees were chronically underpaid between November 2010 and January 2013, according to a report from The Press-Enterprise. An investigation by the US Department of Labor ...

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    Report: Toyota raises Japanese base wages for first time since 2008
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    Toyota is on track for record profits, and in return, its Japanese workers are receiving their first increase in base wages since 2008, plus higher pay based on seniority and a larger bonus for 2014. The Japanese automaker predicts the average laborer will net a 2.9 percent income gain. The ...

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    Report: Truck driver shortage means a longer wait for your packages
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    The news may be flooded with stories about the lagging U.S. economy and disappointing jobs reports, but it appears there is at least one profession that could use a few more applicants. USA Today reports that there is a genuine shortage of truck drivers, and the problem is leading to pricier ...

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    Report: Marchionne: Two-tier wage structure untenable
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    Chrysler CEO Sergio Marchionne has said that he hopes to end the automaker's two-tier wage structure in the company's next round of labor talks with the United Auto Workers. According to Automotive News, Marchionne said that the current system creates two classes of workers and that it isn't viable ...

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    REPORT: Next Chrysler CEO salary capped at $500,000
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    The next chief executive of Chrysler will be tasked with bringing the company out of bankruptcy, restructuring into a profitable business, repaying government loans (if and when they do so at all), integrating Fiat technology and retaining jobs wherever possible. Oh, and he or she will have to do ...

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    Bill Ford and Alan Mullaly vow to take 30% pay cuts
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    The day after Ford and the UAW reached a tentative retiree health care deal (General Motors and Chrysler are still negotiating), the leaders of the Dearborn, Michigan, automaker have announced that they will be taking a 30 percent reduction in salaries over the next two years. A memo, signed by ...

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    U of M Economics professor tackles tough question of UAW wages
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    UPDATE: Link to source finally added. Our bad. var digg_url = 'http://digg.com/business_finance/WTF_American_car_workers_make_more_than_University_professors_with_Ph_D'; A tip sent us to the blog of Dr. Mark J. Perry, professor of economics and finance at the University of Michigan, who points ...

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    Pair of workers get caught in middle of Toyota vs. UAW
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    Two former hourly Toyota employees are denying that they leaked a potentially embarrassing memo pertaining to wages at Toyota's US plants. The document, which came from Seiichi Sudo, president and CEO of Toyota Motor Engineering & Manufacturing North America Inc, states that wages are growing ...

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    Is Delphi's bankruptcy a strategy for growth?
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    Could Delphi's bankruptcy be a strategic long-term move by the parts maker? According to Business Week, Delphi has only declared bankruptcy for its U.S. operations-- overseas facilities in Mexico, China and other countries are not affected. If the unions and Delphi don't reach a compromise ...

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