It's going no where.
That's the word from the UAW.
I have a suggestion for the negotiators. No CEO, manager, worker or anyone employed through American Axle can make more than 20% more than the lowest paid worker. And if you think of outsourcing, those employees would also be included to ensure that everyone is paid a fair rate for a day's work.
So, Mr. Dauch, that would mean that you would make on average (if using the average $28 an hour salary as the minimum) of $70,000. That's a huge difference from the kind of money that you are pulling in according to CompanyPay.com.
So, Mr. Dauch, what I'd like to know is how much of a difference then would it make on the overall bottom line for this corporation for you to take a paycut that would equalize your income relative to that of your employees.
7:32 PM
20 X not 20%
You and I would not take the job for 20%.
http://www.mdtaxes.org/NEWS-Stories-2004/fortune.drucker.insights.1-12.04.htm