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Put the Brakes on Car Chiefs' Pay: UAW Boss

Loans necessary to escape temporary bind, he adds

By Ambreen Ali, Newser User

Posted Dec 1, 2008 4:11 AM CST

(Newser) – The nation's Big Three automakers should pledge to limit executive pay—including bonuses and severance packages—in exchange for federal money, insists the president of the United Auto Workers. Ron Gettelfinger warned that everyone is going to have to tighten his belt, including the rank-and-file,... Read full story »

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Put the Brakes on Car Chiefs' Pay: UAW Boss

Loans necessary to escape temporary bind, he adds

United Auto Workers • executive compensation • Michigan • wages • automaker • labor unions • Big Three • US automakers • golden parachutes

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