Ford 2012 Annual Report Download - page 159
Download and view the complete annual report
Please find page 159 of the 2012 Ford annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164
 |
 |
Ford Motor Company | 2012 Annual Report 157
Employment Data
The approximate number of individuals employed by us and entities that we consolidated as of December 31, 2012
and 2011 was as follows (in thousands):
2012 2011
Automotive
Ford North America 80 75
Ford South America 17 16
Ford Europe 46 47
Ford Asia Pacific Africa 22 19
Financial Services
Ford Credit 6 7
Total 171 164
The year-over-year increase in employment primarily reflects increases in North America and Asia Pacific Africa to
support increased production, partially offset by the initiation of personnel-reduction programs in Europe.
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 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.
For more information visit www.annualreport.ford.com