Benefits And Benefits Of Ford Motor Company

1657 Words Jan 30th, 2016 7 Pages
Ford Motor Company is a multinational automaker located in the United States of America. The company has employed thousands of employees across the world. Any successful company must provide its employees with a good compensation and benefits plan to remain competitive. As a result, this study focused on researching the types of compensation and benefits plans Ford Motor Company offered to its employees. The study found out that the company offers compensation and benefits plans such as base pay, variable pay, insurance (health, risk, and life), holiday pay, maternity leave, vacation, and pension. This study also determined the advantages and disadvantages of the above compensation plans and benefits.

Key words: Ford Motor Company, compensation and benefits plans, advantages, disadvantages
Ford Motor Company Ford Motor Company is a multinational automaker located in the United States of America. The company has its headquarters in Dearborn, Michigan. Henry Ford was the founder of the company and it officially became a corporation in the year 1903 (Hill, 2013). The company sells its products in the form of two leading brands. The first brand is the Ford Brand that involves the selling of automobiles and other commercial vehicles. The second brand is the Lincoln Brand that involves the sale of luxurious cars (Hill, 2013). The company has enjoyed success for over a century because of developing a healthy organizational culture. The culture emphasizes more on teamwork…

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