Auto CEOs Make 300 Times What Workers Make. How That Stacks Up.

Pay ratios, which were mandated for disclosure by the Securities and Exchange Commission in 2018, are a function of two numbers: a CEO's pay divided by the pay of the median employee - the person in the middle when the workforce is lined up from highest-paid to lowest. By one measure - the ratio of the CEO's pay to the median worker's - automakers have a wider pay gap than most large companies. Photo: Eric Feferberg/Agence France-Presse/Getty Images United Auto Workers President Shawn Fain has criticized the Big Three automakers for the raises given to their CEOs in the past few years, saying wage gains for rank-and-file employees haven't kept pace. [Extracted from the article]