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Ford Plans 2,200 Salaried Hires in Biggest Increase Since 2001  

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Ford Plans 2,200 Salaried Hires in Biggest Increase Since 2001
By Craig Trudell - Jan 11, 2013 12:01 AM ET

Ford Motor Co. (F) plans to hire 2,200 salaried employees in the U.S. this year, the most in more than a decade, in an expansion that shows the strength of the recovery in the second-largest U.S. automaker’s home market.

The plan follows the addition of more than 8,100 hourly and salaried jobs last year, the Dearborn, Michigan-based automaker said today in an e-mailed statement. The company’s target for salaried employee hiring would be the biggest increase since Ford added 3,300 such workers in 2001.

Ford is expanding after U.S. light-vehicle sales
gained 13 percent last year to 14.5 million, the best annual total in five years. The company doubled its quarterly dividend yesterday after earning a bigger pretax profit in North America during 2012’s first nine months than for all of 2011.

“We need more people in critical areas -- such as in a range of engineering activities, vehicle production, computer software and other IT functions -- to ensure we deliver the vehicles people want and value,” Joe Hinrichs, Ford’s president of the Americas, said in the statement.

Ford yesterday increased its quarterly dividend to 10 cents a share, a move that will boost the annual payout to the Ford family to more than $28 million. The first-quarter dividend, which will cost the company about $380 million, will be payable March 1, the automaker said yesterday in a statement.

more:
http://www.bloomberg.com/news/2013-01-11/ford-plans-2-200-salaried-hires-in-biggest-increase-since-2001.html




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