Extreme CEO Worker Pay Gap in Auto Industry

CEO pay at GM, Ford, and Stellantis in 2022 is extremely high compared to their median worker salaries

[{"selector":"#anim-6dc2ca71-42e0-461a-ac02-73310e342eb4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3af05665-03fb-49f9-ae76-09bc67b5e6de","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4aac0217-1bf9-4c72-8669-1abeb89dbc52","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72723c6e-8cf3-425d-a3ba-496fca35bdc1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-ed156e41-7e6a-49c3-ad4f-443afa3b8d5b","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb49a351-0599-4df8-b1f5-dd3b9d9511b6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2c10e016-223b-4327-9b0c-3d6de98320be","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] GM's CEO Mary Barra's annual compensation is 362 times the median worker's pay

[{"selector":"#anim-755fb69a-c941-4c07-b04f-2e3047335cc3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0e4199c0-2845-4b04-b692-b552e317b9ed","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-353eb51c-af0e-415b-a974-c1f76e3f1c51","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-841fbbac-035a-489a-b475-2984b82e5dc3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-f025b37e-9aeb-42d7-8107-669c4a2c99ae","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74cbe85c-91c1-4f81-8927-d4ce8135ec06","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b47c295-9845-46ba-bc29-59c4b399b87f","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Ford's CEO's pay is 281 times the median worker's salary

[{"selector":"#anim-541303df-d8ed-448d-9b02-2ba322182d37 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-42e19898-d03f-457a-87df-d1cffb34fa62","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b49b457e-c1e8-4d05-976e-6d9b44be0828","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bed86e59-7fef-472a-a218-3323be8f7e25","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-02b33bf9-82b7-40c0-9a7b-98a4fc124b6f","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2f05730-d134-4324-826a-4fa6ccdb468d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7762e9cb-2a89-4d8c-abd7-b1b21bf5669b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Stellantis' CEO Carlos Tavares' pay is 365 times the median worker's salary, but excluding a one-time grant, it's still 298 times

[{"selector":"#anim-4f56a353-adbb-4961-b376-ed14f45fb097 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9cb63f45-272b-417b-9e2d-8c4238841fb5","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-797abaeb-c395-4f03-b4f2-e5a1bda0e5fa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2bceed33-9c90-4936-af3c-dfaec0afaa75","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-7737584e-9517-4323-a58e-4c7a26fb6084","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94242a25-166a-449b-af16-128e0a65da41","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b6f205cc-bdb3-4403-a7c7-12f65d41d013","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] The pay gap is significantly above the S&P 500 average, which is 186-1

[{"selector":"#anim-7f356832-7d6b-43f3-b186-bbbee97177ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b95b9154-df8c-4a21-86cf-c40e0ae64350","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-382a1992-94fb-40dd-b53b-8f5ae7e97124","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-51bed46d-b099-4cd5-a3c5-822eafd6d699","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-dadd3f59-d578-4e9a-95e4-54d733c98ebe","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0d8ca98-e924-4799-b797-c26f62eb54bc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-576c3e97-88cc-4270-a70b-1811a3a9bd86","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Historically, the CEO-to-worker pay ratio was much lower, with a 15-1 ratio in 1965

[{"selector":"#anim-99ee77cf-2d03-4d03-95cd-1d9e5791da45 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-77263195-bf90-40a1-bffd-5bb47d0fa48e","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5699fae3-cde7-4b02-bac8-7b337ce4388e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fe138a72-9efd-4d79-aee6-34be4eb80862","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-a727f922-deb0-4872-be36-587c170ad45f","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-526b2e71-0bda-464f-9ba1-d2d73c308f48","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-13a9008a-8b5d-42cf-a0c3-578ff713966c","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Detroit 3 automakers argue that they pay their workers more due to higher benefits compared to foreign competitors

[{"selector":"#anim-31a031f6-bfe3-4922-b348-443452359be8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d9864f3d-8d4c-4b5c-a85b-4caa94527298","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-abb4cdd7-7919-4f45-8d07-bec9e6631845","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-551d68ab-1767-4750-86b3-ff802fe5f1c9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-cbb8eaf4-c9cb-49ff-a6f1-83283a2d14ca","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-306025ec-68cc-4b01-a086-900a33080005","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7d69ee60-7f53-4ea3-ae17-1c9b9cfe76b8","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Tesla's CEO Elon Musk's 2022 compensation is officially reported as zero due to legal challenges from shareholders

[{"selector":"#anim-c9244adc-ff36-4776-ab89-7d20c6e29e41 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b9afae5c-3122-43fb-89b5-38ea2376f7e9","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1cdf9cf8-0920-4a90-a708-35d50f13a3b3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3eb993b9-8499-4d1f-80bc-16ee7b4c49fa","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-9f193756-6488-47a3-b094-522d94a81622","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ecca247-5961-48db-b41c-09046d6708a5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e93095a-94ae-43ff-8104-74df00bac0a4","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] In 2021, Musk's "realized compensation" was over $737 million, while a typical Tesla worker earned $40,723

[{"selector":"#anim-e6ba94ba-5066-4c5e-8220-c3c57ae4c6f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.229198322092202%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ec04450e-4446-4df8-bb81-63d8767f6d41","keyframes":{"transform":["translate3d(-110.97922%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1e4e56e-f95b-4031-999e-e2b7f155bcd1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0f22839d-c0b6-44c7-92b5-a2ff46182309","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-394f11ad-ef63-4b09-ad6e-d2d40f92c294","keyframes":{"transform":["translate3d(118.15181%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b5f7f7a-ab23-4857-9fea-9c311330df7d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db78d596-6428-412d-8ace-6ccc718a17bc","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] To match Musk's realized compensation, a Tesla worker would need over 18,000 years at their current salary