UAW strike

[JediGuy]

Shave a million off the CEO, distribute across the board to hourly workers, and how much increase per hour do they receive?

The 32 hour work week is obvious: the work can’t get done with the same number of employees, so more employees have to be hired which means more union dues.

It isn’t always complicated.

[flenna]

Shave a million off the CEO, distribute across the board to hourly workers, and how much increase per hour do they receive?

The 32 hour work week is obvious: the work can’t get done with the same number of employees, so more employees have to be hired which means more union dues.

It isn’t always complicated.

I think they are still going to work 5 days but now the 5th day is paid overtime.

[jsbhike]

Shave a million off the CEO, distribute across the board to hourly workers, and how much increase per hour do they receive?

.

There are more executive pay positions than ceo. Shortly before the collapse an article indicated something like the top 8 US auto execs salaries equaled that of the top 28 Japanese auto execs at a time when Japanese based car sales were burying US based auto sales.

After working at a place that was unionized(I wasn't in the union or management) I am of the opinion that businesses where unions pop up truly deserve each other.

[ChattanoogaPhil]

If these people really think they're worth 40% more in compensation for working less, then why are they still at GM and not earning more for doing less elsewhere? Maybe the people crossing the southern border can fill those terribly low paying auto manufacturing jobs, freeing the strikers to pursue their dreams and true earnings potential. God bless them all for enduring the hardships of being a GM employee.

[AKjeff]

Stellantis CEO Carlos Tavares got a 77% increase over the former CEO Mike Manley’s 2019 pay of 13.28 million euros...77%...let that sink in.

Ford CEO Jim Farley received nearly $21 million in total compensation in 2022. Farley’s compensation was up 21% from the $17.4 million earned by former CEO Jim Hackett in 2019. Included in Farley’s total compensation was $15 million in stock

Average UAW worker is $18-$32 an hour. Get back to me when they shave off some of that executive comp and bonuses to pay the people that actually make the cars. And the UAW made comp concessions during COVID, so yes the workers actually have skin in the game.

Thank you. I've been thinking, all the corporate exec's could take a pay cut, and pay the people doing the work, I didn't have the figure's for exactly how overpaid the CEO's are.
Imagine building cars, and seeing how ridiculous the prices have gotten in the last several years, knowing that the suits were reaping the benefits of your labor.

[prepare]

Buy Toyota.

[flenna]

I worked as a Logistics Manager for a tier 1 supplier to the big 3 along with Nissan and BMW and I can tell you there is a whole lot of money wasted at the big 3. Case in point: one of the plants ordered multiple trucks a day- they tell you what they want loaded on their trucks and if it doesn’t fit you have to call in a “cube out”. When that is done they will schedule another truck to pick up what won’t fit. Well one of their plants had a cube out every day for 4-6 containers that would not fit so they scheduled an extra truck, at $1200+ which was the same price for a TL. Their orders were consistent so my Shipping Supervisor came up with a load plan to cut out the cube out and save the customer that $1200+ per day. I presented it to them and they said “thanks but no thanks”. That would have been $300k and more a year in easy savings that they weren’t interested in. I also did visits to their plants in OH and MI and remember seeing a guy sitting next to the production line reading a magazine. I asked what he was doing and was told he is a relief worker in case someone goes home sick. Well, what if no one goes home sick? Well, then he just reads magazines all day. Touring their plants there are as many people standing/sitting around as physically working.

[HKGuns]

Let them all eat cake and choke on their .gov inspired EV's.

[SpecWired]

Thank you. I've been thinking, all the corporate exec's could take a pay cut, and pay the people doing the work, I didn't have the figure's for exactly how overpaid the CEO's are.
Imagine building cars, and seeing how ridiculous the prices have gotten in the last several years, knowing that the suits were reaping the benefits of your labor.

Labor took a cut for COVID concessions. What is a pay cut to a executive making over $20 million a year? Nothing compared to the person making $55k a year.

And USA has one of the lowest union participations in the industrialized world. South Korea has vastly higher union labor numbers and no one ever calls them uncompetitive. That's management and corporate propaganda to have to excuse to outsource to slave labor wage nations so executives and shareholders get richer at the expense of American labor and working class.

[hotrodder636]

I kind of hope the Big 3 actually fail this time. Between all the US Gov bailouts, EV garbage, waste (described above), the time has come.

As for the people who complain about executive pay vs worker pay...welcome to Capitalism. It is not just the Big 3 automakers.