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

Workstride

millennial or Gen Y employee switches jobs four times in the first decade after college graduation. The situation looks even more dire in the manufacturing segment, a more traditional industry, which is expected to fall short by 2 million workers between 2017 and 2027 due to the one-two punch of industry growth and retiring baby boomers.

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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.