A unit of Daimler Chrysler Corp. is making higher-paid employees bear more of the brunt of rising health coverage costs.
Chrysler, Auburn Hills, Mich., says it will link non-union employees’ share of 2007 health coverage costs to their rank and base salary levels.
The average employee will be responsible for the same share of 2007 health coverage costs that they now assume, but top executives will have to pay 100% of their health coverage costs, Chrysler says.
Average annual costs will increase about $450 for mid-level managers in 2007 and about $1,500 for typical executives, Chrysler says.