Auto CEOs Make About 300 Times What Their Median Worker Is Paid. Here’s How That Stacks Up.
Lauren Weber ( with inputs from The Wall Street Journal ) 5 min read 25 Sep 2023, 08:32 PM IST
SummaryThe UAW has highlighted executive pay raises at the Big Three. By one measure—the ratio of the CEO’s pay to the median worker’s—automakers have a wider pay gap than most large companies.
United Auto Workers President Shawn Fain has criticized the Big Three automakers for the raises given to their CEOs in the past few years, saying wage gains for rank-and-file employees haven’t kept pace.