Will the two-tier wage structure go away in the near future? Summarize the pressures to eliminate it

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Will the two-tier wage structure go away in the near future? Summarize the pressures to eliminate it as well as the pressures to keep it. Be sure to consider labor costs and productivity of workers and plants at other companies and in other parts of the world. Auto worker Gary Walkowicz, a member of the UAW bargaining committee at Ford’s Dearborn Truck assembly plant, estimates that Ford could convert its 14,685 Tier 2 workers to Tier 1 wages for $335 million per year. The UAW will likely point out that is a small fraction of the $6.9 billion North American profit earned by Ford the previous year. Your thoughts?

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Compensation

ISBN: 978-1259532726

12th edition

Authors: George Milkovich, Jerry Newman, Barry Gerhart

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