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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 an ....

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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

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