Ford Motor Company to Pay Employee Profit Sharing, Bonuses
Ford Motor Company to Pay Employee Profit Sharing, Bonuses
DEARBORN, Mich., Jan. 17 /PRNewswire-FirstCall/ -- Ford Motor Company announced today it will pay profit sharing to its hourly employees in the United States on March 12. Approximately 95,000 employees are eligible. The average amount is $160. The company also plans to pay modest performance bonuses to eligible non- management employees in the United States and Canada for 2002. Also, based on present business conditions, merit increases to all eligible salaried employees will be paid in the United States and Canada this summer.