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Hyundai, Honda and Toyota have all raised worker pay since UAW strike ended

Hyundai, Honda and Toyota have all raised worker pay since UAW strike ended

CBSN
Monday, November 13, 2023 10:10:35 PM UTC

Hyundai said Monday it will raise hourly pay for the South Korean automaker's employees in the U.S., upping wages just weeks after the United Auto Workers union struck new labor contract agreements with Detroit's Big 3 car manufacturers.

By 2028, employees in Hyundai plants in Montgomery, Alabama, and Ellabell, Georgia, will see their hourly wages raised by a total of 25%, according to the company. That matches the wage increase UAW members are slated to receive from Ford, General Motors and Stellantis. 

Earlier this month, Toyota said it would lift factory hourly wage between 9% and 10% starting in January, while Honda announced an 11% wage. The Japanese car manufacturers also reduced the time it takes for a starting employee to reach the top pay rate, matching or coming close to the time periods stipulated in the UAW's tentative pact with the Big 3.

Read full story on CBSN
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