US EditionUAW justifies wage demands by pointing to CEO pay raises. So how high were they?
- Labor unions, including the United Auto Workers , are demanding higher pay and better working conditions in response to the significant wealth gap between CEOs and workers in the auto industry.
- CEOs at Detroit's three automakers, including General Motors , Ford, and Stellantis, have seen their pay increase significantly in recent years, with some receiving compensation packages worth millions of dollars.
- In contrast, workers at these companies face a large pay disparity, with it taking hundreds of years for them to earn what the CEOs make in one year.
49 Articles
49 Articles
UAW justifies wage demands by pointing to CEO pay raises
NEW YORK — It’s been a central argument for the United Auto Workers union: If Detroit’s three automakers raised CEO pay by 40 percent over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6 percent pay raises autoworkers have received since
UAW justifies wage demands by pointing to CEO pay raises. So how high were they?
NEW YORK (AP) — It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6% pay raises autoworkers have received since their last contract in 2019. He opened negotiations with a demand for a similar 40% wage increase over four years, along with th…
UAW justifies wage demands by pointing to CEO pay raises. How high were they?
NEW YORK (AP) — It’s been a central argument for the United Auto Workers union: If Detroit's three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the 6% pay raises autoworkers have received since their last contract in 2019. He opened negotiations with a demand for a similar 40% wage increase over four years, along with th…
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