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A comment on Striking auto workers want a 40% pay increase–the same rate their CEOs’ pay grew. Parent comment

Re:Striking auto workers want a 40% pay increase–the same ra... by amarshall on Monday September 18, 2023 @07:27PM (#37563575)
> If you're the CEO of a company and you increased profits by 92%

This assumes that the increase in profit is attributable primarily to the CEO. Well, that at least 43% (40/92) of it is.

> Just ask for what you think you deserve and don't work if you don't get it. It's as simple as that.

This only really works with unions. Fortunately, these workers have one.

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Re:Striking auto workers want a 40% pay increase–the same ra... by nerdponx on Monday September 18, 2023 @07:33PM (#37563657)
[delayed]
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Re:Striking auto workers want a 40% pay increase–the same ra... by prawn on Monday September 18, 2023 @08:04PM (#37563951)
I agree. Someone in the leadership tier can generally get by longer without desperately needing to work; their house is often paid off, they get dividends from shares, etc. Down in the blue collar ranks, many of those people are scrounging to stay on top of rent, or pay a mortgage, or getting hit by rising food costs. Many workers aren't in a position to change jobs on a whim.
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Re:Striking auto workers want a 40% pay increase–the same ra... by tbrownaw on Monday September 18, 2023 @08:42PM (#37564314)
It's probably a bit easier if you can collect unemployment for refusing to work, like I hear California is doing.
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Re:Striking auto workers want a 40% pay increase–the same ra... by sudosysgen on Monday September 18, 2023 @08:08PM (#37564007)
It's called a strike and it seems to be working. The key is that everybody does it at once.
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Re:Striking auto workers want a 40% pay increase–the same ra... by WalterBright on Monday September 18, 2023 @09:24PM (#37564609)
> The key...

If that were true, the pay of every non-union employee would be minimum wage.

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Re:Striking auto workers want a 40% pay increase–the same ra... by sudosysgen on Monday September 18, 2023 @10:19PM (#37564919)
That does not follow in the slightest.
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Re:Striking auto workers want a 40% pay increase–the same ra... by Jensson on Monday September 18, 2023 @08:56PM (#37564398)
> This assumes that the increase in profit is attributable primarily to the CEO. Well, that at least 43% (40/92) of it is.

The CEO's didn't get 100 billion extra pay, they just got 40% more than before not 40% of all the profits.

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