Honda Motor, Nissan Motor to repeal pay reductions

Gasgoo From Bloomberg

Honda Motor Co. and Nissan Motor Co. are restoring manager salaries that were cut last year, Nikkei English News said, without citing anyone.

Honda is repealing a 5 percent pay cut for management-level employees that was instituted in February 2009, while Nissan is reversing a 5 percent cut for managers and a 10 percent cut for directors from March 2009, according to the report.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: buyer-support@gasgoo.com Seller Service: seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com