Farley at Ford makes 281 times more, filings show. Overall CEO pay at the Big Three companies rose 40% from 2013 to 2022, according to EPI.īarras makes 362 times more than the typical GM worker, while Tavares makes 365 times more, according to company filings with the Securities and Exchange Commission. Nationally, freshman enrollment fell most steeply among. GM CEO Mary Barras earned nearly $29 million in 2022 pay, Automotive News reported. The new data from the National Student Clearinghouse Research Center shows enrollment among first-year students declined 3.1 this fall.
#Average percentage total college drop out free#
That's because autoworker "concessions made following the 2008 auto industry crisis were never reinstated," Hersh said in a recent blog post, "including a suspension of cost-of-living adjustments." How much money do the Big Three automaker CEOs make?įord CEO Jim Farley earned $21 million in total compensation last year, the Detroit News reported, while Stellantis CEO Carlos Tavares made $24.8 million, according to the Detroit Free Press (Stellantis, which was formed in 2021 in a merger between Fiat Chrysler and European automaker Groupe PSA, owns Chrysler, Dodge, Jeep and RAM, along with major foreign brands including Citroën, Peugeot and Maserati.) autoworkers on manufacturing production lines earned about $28 an hour in August, up $1 from the previous year, according to data from the Bureau of Labor Statistics.Īdjusting for inflation, autoworkers have seen their average wages fall 19.3% since 2008, according to Adam Hersh, senior economist at the left-leaning Economic Policy Institute. In general, factory workers are not salaried, but receive an hourly wage. UAW President Shawn Fain said members deserve hefty pay raises, emphasizing that the auto companies have brought in billions of dollars in profit and boosted CEO pay in recent years. When their existing labor contract expired at midnight Thursday, United Auto Workers began a strike against Detroit's Big Three automakers after being unable to navigate a major speed bump in what have been contentious negotiations: pay.įord, General Motors and Stellantis (formerly Fiat Chrysler) have spent weeks in talks with the UAW, mulling over details of a new labor contract that also has major implications for the U.S. As of the 2021-2022 school year, an average teachers salary was 64,020, which is 5,133 more than the state average. The average SAT score at Dallas ISD was 9-2021 graduates. United Auto Workers union strikes against Big Three automakers 03:33 The dropout rate for students in grades 9-12 was 4.5 during the 2020-2021 school year.
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