09/20/2023

Uaw Strikes at Automakers Highlight Skyrocketing U.S. CEO Pay

U.S. CEOs make nearly 400 times that of workers

When the CEO gets a 40% raise, what do the workers deserve?

That question is at the heart of the United Auto Workers union's strikes at assembly plants owned by Ford (F.N), General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI).

UAW President Shawn Fain initially asked for a 40% increase in worker's pay over the next four years - a figure based off an approximately 40% increase in CEO pay at the co

U.S. auto companies are not alone in handing out massive payouts to chief executives.

CEO pay and benefits have skyrocketed in recent decades, but worker pay has not kept pace.

Please select this link to read the complete article from Reuters.