People here only concentrating on the hypocrisy... 🙄 The actual substance of the question is important too in case Noone noticed. Why on Earth aren’t they improving the salaries of their workers- especially given inflation being so bad. I don’t care if it’s CNN or NewsMax asking the question because it’s awful that we just accept it and never say anything. This is exactly the type of thing that America First was about 😉
Why on Earth aren’t they improving the salaries of their workers- especially given inflation
Maybe because they’re wasting their profits on EV Ford 150s? The wage growth would come out of increased productivity, not feeding inflation.
Yep. There is nothing wrong with a CEO making good money, but if you aren’t paying your people enough, especially to keep up with inflation; that’s just wrong.
>Why on Earth aren’t they improving the salaries of their workers- especially given inflation being so bad. <
The UAW workers operate under a collective bargaining agreement(CBA). Management cannot just “give them a raise” without amending the CBA. The two sides are in negotiations to amend the CBA.
Management is offering a 20% raise. The workers are demanding a 40% raise in pay rates and being paid 40 hours for 32 hours of work (an additional 25% increase in workers at a 40% inflated cost to the company).
Someone here is being less reasonable. I’ll leave it up to you to decide.
EC
Exactly. Especially since Covid was a MASSIVE transfer of wealth upward and social mobility is extremely limited.