It’s been a central argument for the United Auto Workers union: If Detroit’s three automakers raised CEO pay by 40 per cent over the past four years, workers should get similar raises.
UAW President Shawn Fain has repeatedly cited the figure, contrasting it with the six per cent pay raises autoworkers have received since their last contract in 2019. He opened negotiations with a demand for a similar 40 per cent wage increase over four years, along with the return of pensions and…