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Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers

Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers
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Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers - WEIS | Local & Area News, Sports, & Weather

Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers - WEIS | Local & Area News, Sports, & Weather
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Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers

Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers
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Business - KSYL-AM

Bill Pugliano/Getty Images(DETROIT)  A strike launched by thousands of autoworkers against the Big 3 U.S. automakers early Friday morning has spotlighted an issue raised by employees across the economy: The gap between CEO and worker pay. The United Auto Workers, or UAW, has demanded a 46% raise for workers over the next four years. The proposed pay increase slightly exceeds the combined 40% increase in CEO compensation over the past four years at the Big 3 General Motors, Ford and Stellantis, which owns Jeep and Chrysler, the union said. Over that same period, the average pay for autoworkers at those companies rose 6%, the union said. "While the Big 3 executives and shareholders got rich, UAW members, the workers, got left behind," UAW President Shawn Fain said on Facebook Live last month, signaling a message that has pervaded his public statements in recent weeks. The two sides remain far apart on the issue of pay increases. General Motors and Ford put forward propo

Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers

Soaring CEO pay commands spotlight in UAW strike against Big 3 US automakers
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