Honda has been committed to maintaining an excellent employment experience for our production associates since we began manufacturing in America in 1979, including competitive wage and benefit packages and a work environment founded on teamwork, mutual respect, and open communication. Honda greatly values all of our associates and the many contributions they make to our customers and our communities, and over the past two years we have made a number of changes to our benefits packages, which will continue with changes to compensation for production associates at our U.S. facilities, which will take effect in January 2024.
Here are the additional details:
We are implementing an 11% pay increase for production associates at our U.S. facilities starting in January 2024.
Moreover, the wage progression for production associates will change from a six-year progression to a three-year progression. By condensing progression wage steps associates will receive an increase with each step.
Additionally, since 2021, Honda has added more than 10 new benefits and programs, including childcare reimbursement, student loan repayment, lifestyle account, and expanded our associate assistance program.
We will continue to look for opportunities to ensure that we provide an excellent employment experience for Honda associates.
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