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Worker Woes? 9 Tips for Retaining Employees in a Tough Market

Workstride

For example, a recent LinkedIn study found the average U.S. millennial or Gen Y employee switches jobs four times in the first decade after college graduation. What that means is that companies must now work harder to entice workers through pay raises, training and other incentives. Create an enjoyable workplace.

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UAW Strike 2023: What Happened and What Other Companies Can Learn From It

Terryberry

Ford then rebutted, “Kentucky Truck Plant’s hourly employees earn an average income – including base wages, bonuses, and profit sharing – of $78,000 per year. Ford: Wage Increases: 25% overall over four and a half years, including an immediate 11% increase and 3% annual raises in 2024-26 with a final 5% bump in 2027.