Honda increases pay for U.S. factory workers by 11%, WSJ reports

Honda Motor is giving many U.S. factory workers an 11% pay increase and making other improvements for the employees, effective in January, Nora Eckert of Wall Street Journal reports, citing a company memo. Honda is also cutting the time it takes to reach the top wage in half from six to three years, a change that is similar to one won by the United Auto Workers union in its negotiations with General Motors, Ford Motor and Chrysler-parent Stellantis, the Journal adds.