“General Motors CEO Mary Barra took a large pay cut last year, but she still earned more than any auto CEO in the world.Barra, who in 2014 became the first woman to lead a major automaker, earned $22.6 million in 2016. That was down 21% from her pay in 2015, but that’s only because she and other top GM executives received large one-time retention bonus in the form of stock options last year. Excluding that retention bonus, her pay last year was up about 30%, including salary, stock bonus and other benefits.
…
The lowest paid auto CEO is Tesla’s Elon Musk, who a stated salary of $37,584 in 2015, the most recent year for which the company reported his compensation. But Tesla said his pay, which is based on California minimum wage for an 80-hour week, is only used to compute his income tax, and that he has not accepted any of it. But Musk also owns 33.6 million shares of Tesla (TSLA) stock, worth about $10 billion, making him by far the world’s richest auto executive.
Hey Imoffended…you try working a line for low pay. Unions are there for a reason. They counter the company’s power. As is the case with all human organizations, unions can be corrupt and certainly stupidly run. But they are still necessary in many instances where companies would otherwise run roughshod over their employees.
Were it not for unions setting a base price.. all those cushie white collar (non union) jobs would have few benifits AND a lot less pay. Those union guys demand an increase.. or benifit.. and as soon as they get it.. so do the free loaders, without paying the price..
braindead Premium Member almost 7 years ago
Trump Disciples like Payne absolutely HATE it when middle class people get raises or better working conditions.
superposition over 6 years ago
A tale of two CEOs:
“General Motors CEO Mary Barra took a large pay cut last year, but she still earned more than any auto CEO in the world.Barra, who in 2014 became the first woman to lead a major automaker, earned $22.6 million in 2016. That was down 21% from her pay in 2015, but that’s only because she and other top GM executives received large one-time retention bonus in the form of stock options last year. Excluding that retention bonus, her pay last year was up about 30%, including salary, stock bonus and other benefits.
…
The lowest paid auto CEO is Tesla’s Elon Musk, who a stated salary of $37,584 in 2015, the most recent year for which the company reported his compensation. But Tesla said his pay, which is based on California minimum wage for an 80-hour week, is only used to compute his income tax, and that he has not accepted any of it. But Musk also owns 33.6 million shares of Tesla (TSLA) stock, worth about $10 billion, making him by far the world’s richest auto executive.
…"
http://money.cnn.com/2017/04/04/news/companies/mary-barra-pay/index.html
twclix over 6 years ago
Hey Imoffended…you try working a line for low pay. Unions are there for a reason. They counter the company’s power. As is the case with all human organizations, unions can be corrupt and certainly stupidly run. But they are still necessary in many instances where companies would otherwise run roughshod over their employees.
Radish the wordsmith over 6 years ago
Payne supports Japanese workers over American workers?
Alberta Oil Premium Member over 6 years ago
Were it not for unions setting a base price.. all those cushie white collar (non union) jobs would have few benifits AND a lot less pay. Those union guys demand an increase.. or benifit.. and as soon as they get it.. so do the free loaders, without paying the price..
rs0204 Premium Member over 6 years ago
Yes, because the Owners will always be looking out for the employees. Jackass.
goblue86 over 6 years ago
A company gets the kind of union it deserves.