(NewsNation) — Autoworkers in Detroit are striking after the UAW failed to agree to a new deal with the top three automakers. Pay is at the heart of the dispute, so how does worker pay stack up to CEO compensation?
On average, a U.S. autoworker on the production line earns about $28 per hour, up $1 from the previous year. That works out to just over $58,000 a year. Full-time employees at the big three — General Motors, Ford and Stellantis — make between $18 and $32 an hour, depending on seniority.
In its proposal, the UAW is requesting a 40% wage increase to match the rise of CEO salaries. The union is also requesting cost-of-living adjustments be restored as they have not kept up with inflation.
Delphi murder suspect attorneys lay out alternative theory of ‘ritualistic’ murder
GM CEO Mary Barra, who has been in the role since 2014, had a base pay of $2.1 million in 2022, but when bonuses, stock grants and other compensation were added in, her total pay was $28.98 million.
The median worker pay was $80,034, making her compensation 362 times that of a typical worker. Since 2019, when contracts were last negotiated, her pay has increased 34%.
At Ford, CEO James Farly has been in the role since 2020, with a 2022 base salary of $1.7 million and total compensation of $20.9 million. That’s a 21% increase over the previous CEO, Jim Hackett.
Founder of student aid startup Frank shakes head as prosecutor describes case against her
The typical Ford worker’s median pay is $74,691, giving Farley compensation that is 281 times more than an average worker.
Stellantis CEO Carlos Tavares has been with the company since 2021, and his 2022 pay totaled $23.9 million with a base salary of $2.1 million (converted from Euros). He is the first CEO since the creation of the company through a merger of Fiat, Chrysler Automobiles and French PSA group, so there are no previous years of salary to consider.
A typical Stellantis worker in 2022 had a median salary of around $68,575 when converted from Euros. That is 348 times less than Tavares’ compensation.
Organizers are considering a walkout at more plants as the strike continues.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Trending on NewsNation
Judge sides with teachers who sued over gender identity policy
What’s the difference between Coke Zero and Diet Coke?
Person detained in shooting death of LA deputy Ryan Clinkunbroomer
30 mins agoVideo Icon
What it’s like inside El Chapo’s prison cell where he spends 23 hours a day
DC dog owners take rat problem into their own hands
Woman loses body part inside hotel room
Explorers survey shipwrecks from Battle of Midway
Archaeologists from Japan, the U.S. and more than 100 experts worldwide helped guide the missions and offered real-time interpretation.
Military 3 mins ago
A Black student was suspended for his hairstyle. The school says it wasn’t discrimination
MONT BELVIEU, Texas (AP) — A Black high school student in Texas has served more than two weeks of in-school suspensions for wearing twisted dreadlocks to school. When he arrived Monday with the same hairstyle, he was suspended again, his mother said. Darryl George, a junior at Barbers Hill High School in Mont Belvieu, was […]
AP U.S. News 34 mins ago
Missing kayaker arrested after allegedly faking death
An Oklahoma man was arrested in Georgia on Sunday after he allegedly faked his own death in Hahnville in August.
Southeast 42 mins ago
Oregon judge to decide in new trial whether voter-approved gun control law is constitutional
PORTLAND, Ore. (AP) — An Oregon judge is set to decide whether a gun control law approved by voters in November violates the state’s constitution in a trial that started Monday. The law, one of the toughest in the nation, was among the first gun restrictions to be passed after a major U.S. Supreme Court […]
AP U.S. News 44 mins ago
ABC will air an additional 10 ‘Monday Night Football’ games because of writers and actors strikes
LOS ANGELES (AP) — ABC will be airing more “Monday Night Football” games than originally planned. An additional 10 games originally set to appear only on ESPN will be simulcast on ABC. The additional games will be on network television because of the ongoing strikes by the Writers Guild of America and the Screen Actors […]
Sports Headlines 47 mins ago
‘El Chapo’ son Ovidio Guzmán López pleads not guilty to US drug and money laundering charges
CHICAGO (AP) — Ovidio Guzmán López, a son of former Sinaloa cartel leader Joaquin “El Chapo” Guzmán, pleaded not guilty Monday to drug trafficking, money laundering and other charges during his first court appearance since being extradited to the U.S. from Mexico. Guzmán López was extradited Friday, five months after U.S. prosecutors unsealed sprawling indictments […]
AP U.S. News
Chiefs, Mahomes agree to restructured deal to include big pay raise, AP source says
KANSAS CITY, Mo. (AP) — The Chiefs and reigning NFL MVP Patrick Mahomes agreed to a restructure of his 10-year, $450 million contract that gives him a substantial boost in pay over the next four seasons, two people familiar with the deal told The Associated Press on Monday. The people spoke to the AP on […]
Sports Headlines 47 mins ago
Maine’s top elected Republican, a lobsterman, survives boat capsize from giant wave ahead of Lee
Like most lobstermen, the Maine House Republican leader scrambled to complete his work ahead of the remnants of Hurricane Lee. Rep. Billy Bob Faulkingham was rushing home from sea when a giant wave rose up, seemingly from nowhere, and towered over his boat. Moments later, he and fellow fishermen Alex Polk found themselves plunged into […]
AP U.S. News 56 mins ago
Colorado mountain tied to 1864 atrocity is renamed
The U.S. Board on Geographic Names officially renamed Mount Evans to Mount Blue Sky.
West 57 mins ago
Halle Berry slams Drake for use of slime photo
Entertainment 1 hour ago
A suspect has been arrested in the ambush killing of a Los Angeles County sheriff’s deputy
AP U.S. News 2 hours ago
Republicans propose spending $614M in public funds on Milwaukee Brewers’ stadium upgrades
Sports Headlines 2 hours ago
Maui residents struggle to welcome tourists in wake of fires
Escaped DC inmate ‘has the advantage’ over police: Former US marshal
Crime 11 mins ago
No. 3 Texas a dominant second half team as Longhorns head into Big 12 play
Padres owner Peter Seidler had a medical procedure and won’t be at the ballpark again this season
Minnesota picks Taylor Heise 1st in the inaugural Professional Women’s Hockey League draft
Sports Headlines 2 hours ago
NASA ‘leveraging the public’ in new UAP report: Expert
National parks will be free to visit Saturday
Gator with missing upper jaw finds new home in Florida reptile park
Majority leader Chuck Schumer loosens Senate’s dress code