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Quick estimation tells me that average ratio amongst the big three is 1:336[0]. Put differently: 336 workers’ per annum amounts to the pay the CEO gets. The
by turquoisevar 3y ago
Quick estimation tells me that average ratio amongst the big three is 1:336[0].
Put differently: 336 workers’ per annum amounts to the pay the CEO gets.
There are three CEOs in this case so that’s about 1,000 workers to equal their pay.
If I recall correctly there are about 12,000 workers striking, so their cumulative salary is about 12x that of the cumulative CEOs.
I don’t know why, but that doesn’t feel “way higher” to me. I guess I just expected something along the lines of 100x for some reason.
Also makes me wonder how this scales when you look at C-Suite as a whole v. workers.
0: https://fortune.com/2023/09/17/uaw-strike-highlights-carmaker-ceo-worker-pay-gaps-gm-ford-stellantis/ https://fortune.com/2023/09/17/uaw-strike-highlights-carmake...