Why on Earth aren’t they improving the salaries of their workers- especially given inflation
Maybe because they’re wasting their profits on EV Ford 150s? The wage growth would come out of increased productivity, not feeding inflation.
Not understanding your post. Who are you saying is wasting money on EV Ford 150s? The workers? Or the executives? If a company is somehow running a profit, I would like to think they would spread the money around from top to bottom , not just the Executive class. I don’t think things like that should be government mandated obviously, but I think companies that would take it upon themselves to be generous to all employees would show a better face for capitalism- instead of always corporate bonuses 🙄
Ford autoworkers mark about 50-60 bucks an hour compensation. Not bad for wrenching 8 hours a day.
Arbitrarily paying higher salaries in an inflationary economy will only make inflation worse.