Ford 2011 Annual Report Download - page 183
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Ford Motor Company | 2011 Annual Report 181
Employment Data
The approximate number of individuals employed by us and entities that we consolidated as of December 31, 2011
and 2010 was as follows (in thousands):
Automotive
Ford North America
Ford South America
Ford Europe
Ford Asia Pacific Africa
Financial Services
Ford Credit
Total
2011
75
16
47
19
7
164
2010
75
15
49
18
7
164
While our overall employment remained steady, Ford Europe experienced reductions related largely to the transfer of
Russian operations to our FordSollers unconsolidated joint venture, offset partially by increases in emerging markets to
support increased production.
Substantially all of the hourly employees in our Automotive operations are represented by unions and covered by
collective bargaining agreements. In the United States, approximately 99% of these unionized hourly employees in our
Automotive sector are represented by the International Union, United Automobile, Aerospace and Agricultural Implement
Workers of America ("UAW" or "United Auto Workers"). Approximately two percent of our U.S. salaried employees are
represented by unions. Most hourly employees and many non-management salaried employees of our subsidiaries
outside of the United States also are represented by unions.
In 2011, we entered into a new four-year collective bargaining agreement with the UAW. The agreement covers
approximately 41,000 employees, and maintains our progress on improving competitiveness in the United States.
Excluding profit-sharing, compensation-related terms - including lump-sum payments (in lieu of general wage increases
and cost of living increases) and continuation of an entry-level wage structure - are expected to increase U.S. hourly labor
costs by less than 1% annually over the four-year contract period. We also expect this increase will be more than offset
by more flexible work rules that will allow us to increase manufacturing utilization and efficiency.