Jim Farley could work for free and it would equate to about about $5 per unit cost reduction. Executives, believe it or not, make difficult decisions that impact billions in revenue. UAW members make no decisions and clock out at the end of their shift. They have a hard job and should be compensated fairly, but they are in no way the same as senior leadership.
And who’s choice is that? I imagine most, if not all labor unions in the US would love to move toward a system of co-determination like they have in Germany.
Jim Farley could work for free and it would equate to about about $5 per unit cost reduction. Executives, believe it or not, make difficult decisions that impact billions in revenue. UAW members make no decisions and clock out at the end of their shift. They have a hard job and should be compensated fairly, but they are in no way the same as senior leadership.
Difference is when managers fuck up they get a golden parachute, workers just get fired.
No matter how hard you work or how many risks you’re responsible for, everything more than a million in earnimgs a year shouldn’t be allowed.
And who’s choice is that? I imagine most, if not all labor unions in the US would love to move toward a system of co-determination like they have in Germany.
https://en.wikipedia.org/wiki/Codetermination_in_Germany
A country that has been doing pretty well economically for the past several decades while the rest of the world was/is in flames.
Jim Farley could work for free and still get more money per year than most other employees will make in their entire lifetime.