In the auto industry are there any current or past events related to wage equality? Explain?
Answer:
I think there might be something related to the way Henry Ford ran his factories and the introduction of the conveyer belt. I feel like he did a lot for his employess and their wages. Try to google Henry Ford.
If by wage equality you mean the tendency for wages to converge over time across all producers within the auto industry, the single largest factor would be unionization, particularly in the case of the UAW which acts as a monopoly skilled labor provider for the Big 3. Bargaining over wages does not happen at the plant level, nor even at the company level, but rather at the industry level, and so there is little to no wage competition between the Big 3 auto producers.
However, the non-union producers (ie, the imports that build in the U.S.) are putting downward pressure on wages through competition.
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