Honda plans to increase wages for workers at U.S. factories by 11 percent in January, after the United Auto Workers (UAW) union struck a deal for substantial pay raises and other benefits with three major automakers late last month.
The Japanese automaker will also decrease the time it takes workers to reach the top wage rate from six years to three years, matching similar commitments made by Ford, General Motors (GM) and Stellantis, the company confirmed Friday.
“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,” the automaker said in a statement.
The announcement comes less than two weeks after the UAW officially ended its strike against the trio of major U.S. car companies.