UAW Wage Controversy and CEO Compensation
Automakers originally offered nearly half of the 40% pay rise the UAW had requested.
Union links wage proposal to CEO pay growth over the previous four years.
The highest production hourly wage for UAW members is $32.
For the Detroit Three automakers, the estimated labor cost per hour is $66.
In the US, the average hourly wage for all autoworkers is $27.99.
Hourly labor costs for non-union facilities, like Tesla, range from $45 to $55.
Stellantis suggested increasing the starting pay for additional workers.
The tiered system for permanent production workers is something the UAW wants to abolish.