Autoworkers have demanded wage increases that match recent hikes in CEO pay.
last week in a statement, "Overall, this offer is significantly better than what we estimate workers earn at Tesla and foreign automakers operating in the U.S."While the CEOs at the Big 3 U.S. automakers enjoyed a significant increase in combined compensation over the past four years, the pay hikes among the chief executives differed substantially, according to a data analysis from research firm Equilar reviewed by ABC News.
Equilar identified a different total compensation for Tavares than the UAW because Equilar adjusted the reporting methodology for the Amsterdam-based company to match the one undertaken by Ford and General Motors, Equilar director of research Courtney Yu told ABC News in a statement.
Farley, of Ford, received compensation last year totaling $21 million while a median employee at the company received about $75,000, resulting in a ratio of 281-to-1, the filings show.
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