On Jan. 15, Mary Barra took the wheel as CEO of General Motors, becoming the first woman to head a major global automaker. It’s a bold move for GM, and we wish Barra the best of luck.
WASHINGTON—Factory pay hasn’t kept pace with inflation and has fallen 3 percent on that basis since May 2009, while average pay for all wage earners slid only about 1 percent.
In The Great Gatsby, the central character is captivated by a green navigational beacon off in the distance that gives him eternal hope. Although Jay Gatsby wasn’t thinking about assembly lines, manufacturing has a similar green light and assemblers are equally optimistic these days.
BANNOCKBURN, IL—Executives at North American electronics manufacturing companies can expect, on average, a 2.9 percent pay increase this year, according to a new study from the IPC—Association Connecting Electronics Industries.
TAIPEI--Hon Hai Precision Industry Co., also known as Foxconn, said Friday it has raised the basic salary of all assembly line workers in Shenzhen, China by 16 to 25 percent since Feb. 1. The statement comes amid on-site inspections being performed by the non-profit Fair Labor Association, requested by Apple Inc.
