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Ford Motor Company: Salary & Compensation Surveys

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Job Title: Zone Manager
Location: USA
Submitted on: 14-Oct-03
Job Title Salary Survey
Zone Manager I can only speak from the Marketing, Sales and Service perspective on the salary packages offered at Ford. The salary package is strictly based on what school you graduated from as well as your GPA. For those of you who have prior work experience, that is of no consideration to Ford. You basically do not exsist until you work for the company. With that being said, typical undergrads start at a salary in the range of 42 - 45k. The typical MBA salary ranges from 65k - 75k, keeping in mind that where you went to school is extremely important. For example, my starting salary was $69k whereas the Thunderbird grads started at 74k. There are those select few MBAers who went to top 10 schools that can enter into the workplace at the management level making six figure income. I did receive a signing bonus of $5,000 and the relocation package was fair. Benefits at Ford are decent, however, given the state of the company, many cutbacks have been made in this area. Upon hiring, I was told the average bonus to all employees was 10k. However, my first year with the company I received no bonus as the company was in the red. My second year I receive $160.00. A far cry from what was anticipated at my interview. Another cutback in benefits was in their 401k, whereas Ford is no longer providing any type of matching contribution. Other smaller perks were cut such as the company provided free desktop computers to employees (just a basic model which could be upgraded) and internet service through PeoplePC for $5.00 per month. Ford also provided bonus "flex dollars" which assisted your healthcare decisions. These flex dollars were negligible. On the positive side, the company has an extremely generous holiday plan. In 2003 we received 16 holidays and in 2004 we will be receiving 18 holidays. The vacation policy is typical of other companies, however, in years 3-5 you receive 12.5 days per year, whereas in years 5- 10 you receive 15 days per year. Furthermore, if you become a manager, you receive at least 15 days per year regardless of how long you have worked for the company. As Ford is in the automotive industry, all employees are entitled to recieve discounts on vehicle purchases and may extend those discounts to immediate family members. If you are considered a traveling employee (working out in the field)you recieve a car (the company also pays for the insurance), a laptop and cell phone. Management are also eligible to participate in the management lease program which provides them with a vehicle at huge discounts.

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