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Toyota hikes wage of US factory workers after UAW labor deals

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Toyota Motor (7203.T) said on Wednesday it is raising the wages of nonunion U.S. factory workers just days after the United Auto Workers union won major pay and benefit hikes from the Detroit Three automakers.

said on Wednesday it is raising the wages of nonunion U.S. factory workers just days after the United Auto Workers union

The largest Japanese automaker also said it is cutting the amount of time needed for U.S. production workers to reach top pay to four years from eight years and increasing paid time off. "We value our employees and their contributions, and we show it by offering robust compensation packages that we continually review to ensure that we remain competitive within the automotive industry,” Chris Reynolds, Toyota Motor North America's executive vice president, said in a statement.

 

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