From my perspective, I find this to be an unhealthy option. The company should either take the step to convince union and take their needs into consideration. Otherwise, there has to be equality in wage allocation. I find it extremely unfair to discourage the senior executives with low wages, but new workers with high salaries. This will create disturbances and labor tension. As a result, the company might be forced to suffer due to lack of skilled labor.
After reading the article, the first thing that provoked me was the managerial decision making process. Multinational companies like Ford are expected to expose their expertise through effective and productive decision making. In this case, it only shows economic motive but does not concern the welfare of labor (Keenan, 2016). If I were to address this decision making, I would always consider regarding the labor equilibrium and business equilibrium to understand the need of the hour and necessary strategies to establish link between the two. Further, I would also appoint a strategist to manage the business communication and labor communication to ensure smooth relationship among everyone. It is discouraging to note that the announcement is made clearly and the labors have no option but to sign the contract.
The area where I feel that I should appreciate the firm on its negotiation is the clarity in its deal. The future of the firm is well projected and this deal is a clear example to understand that it cares for the long term relationship with its employees. However, there are lots of more shortcomings from the business perspective. The case of recently hired employee as highlighted in the article is pitiful. He has to hide himself due to the agitations among the other workers towards wages. This creates a lot of differences among the employees. I also understand that this kind of decision might even stir the employees towards discrimination.