CNN’s Vanessa Yurkevich interviews GM CEO Mary Barra as the United Auto Workers union is on strike against major US car manufacturers.
Reporter asks CEO about her nearly $29 million in compensation as workers strike
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Sell the stock to the employees let them buy out all the stock .Its called a ESOP. Employee Stock Ownership Plan. No more strikes, no more U.A.W. Pay as high as they want 500hr if they want.
Profits are down; bonuses all around.
FJB!
Shaun Fain is an uneducated clown…..perfect fit for a thug union boss. This is the typical democrat voter. Thugs!
It should be a boardroom…not a BroadRoom!
Women belong in the kitchen…not the boardroom!
FJB!
Ran across this –don't watch CNN anymore and I live in Atlanta. Disappointing.
Companies love to brag about how much they made yearly, but can't give employees enough to live on. It's disgraceful. All these CEOs and company presidents want to be millionaires. That wasn't good enough-now they want to be billionaires. How much is enough money? She didn't press her on her salary. It makes me angry. The greed in American is mind blowing. Give up some of your salary girl.
Why blame her for negotiating a great deal for herself!
Do you scream and holler because pro athletes make million $ contracts for themselves, but get free sneakers while the commoner's pay $100-$200 per pair for each kid, but can barely put food on the table??
You represented employees should be screaming at your Union leadership for negotiating crappy deals!! I've been there and every three years the Union Reps would come out and act real tough getting the rank and file all worked up and in the end fold like a cheap suit when it came down to ratification time. Same old BS every time. The company would offer us a bonus to settle the contract 2-3 months early at the standard COLA, the union reps would slam the company and tell us to hold out blah, blah, blah blowing the BS up our butts. The company would then retract the bonus, we would lose the 2-3 months of the early increase in pay and whatever else we would lose because the union would NEVER want to go on strike no matter the cost…always claiming, "well that is what the national package was too.".
Car companies sent jobs to Mexico to save 2/3 of the price to manufacture a vehicle, but then brought the car back and sold it for the same price as if it was still being made here, in the USA.
Ditto for every other company/industry.
Never gets old!!
P.S. What are these reporters making that are stirring up the masses??!! $250K+??
Not just $29 million. She has been paid a total of $200 million since 2014. It's ok, I'm sure she works real, real hard : )
Greed and corruption will be the downfall of this beautiful country.
What how are the employees asking for more then the company made when u taking 30 million every year
U will meet the electric transition if u don’t take 30 million dollars
What she means performance girl u ain’t under the hoods building nothing everyone should walk away
No CEO Needs 29 million in compensation…that's not right..! She can make it on even 1 million…..give the workers the money, spread it ar….Strike…!.. get the money everyone
Don’t buy there vehicles and dam sure no battery crap
I can’t stand the CEOs period
What she forgot to say is that they are forced to go electric and their dealership network doesn't want to go electric.
She basically said, “Go fuck yourselves,” to the workers in so many words. Watching late stage capitalism in real time.
She said that her salary is based off of company performance. You mean the sales that you make because the workers are churning out cars?
I hope they keep striking, the tragedy is what it has to come too vs companies running a way that benefits all, but its pretty apparent she's another disconnected CEO. She straight up in devalued all of the workers she said at the best in the business and let them know her 30mill dollar salary is more important than theirs. But let's be very real and where all the corporate CEO types who bounce from one business to the next is actual value to the company; Now let's say she quit or was fire tomorrow, GM is built in a way that it could function for quite a while without her or any CEO and not even really missing a beat. Now if they loose their line level employees, as they are experiencing right now, what happens? Who really more important to the company? I'm not saying you go without a CEO you need the leader, but they can't survive without the workers. And Yes CEO's shoulder the weight of the entire company and have high stress jobs and should be compensated fairly for that, but if you're the leader of a company pocketing 30 million a year ( U.S. presidents Salary $475k) and you can't even give a straight answer to why your percent increase shouldn't match the employees, when that percent increase in actual dollars is going significantly based your bloated base salary, you are in the wrong job. All I saw in this interview was a shameful display of greed.
She is talking out of her but. She wants everything and will give the people that actually do the work very little.
Slava Ukrayini 🇺🇦🇺🇦🇺🇦
29 million dollars ok you can say fair ok right
Lets look at how jobs are being phased out and the industry is moving out of Michigan to build these EVs!
The reason that a strike is required to begin with is because of Democrat policies! Record inflation from Joe's attack on oil, the Democrats climate push for EVs are pushing out jobs especially out of Michigan, and with the push for electric vehicles these companies are losing their asses on vehicles the public don't want!
She is such a LIAR!! How can she sit there and justify her salary. It's the UAW workers labor that produced the cars that she's getting paid $30 million dollars per year for. What a whore!
This absolutely filthy rich tool has the audacity to suggest that workers striking for what they deserve is delaying electric vehicles, insinuating they're attributing to delaying climate action is disgustingly insulting and ludicrous! And to keep bringing up healthcare which should be a right, not something corps can hold over worker's heads to quite literally force underpaid labor… so appalling and shows how out of touch the executive sector is. Her exorbitant salary is based on company performance, aka profits for shareholders gained by keeping costs aka wages and benefits as low as possible. It is impossible to be that rich and turn that much profit without some form of exploitation, both here and across the world. Stand with all unions! Their fight raises standards and advances labor rights for everyone!
how much is world class heath care for the worker, world class w/ $10,000 deductable
Wait a min. You want electric cars that use electricity that use batteries that pollute the earth. So your way doesn't look right. Ijs
The response to COVID by Corporate America was a windfall for profit margin increase and profit taking – a huge-shake down of average Americans.
Chat GPT might give better answers….
These people keep hiring politicians as CEOs….thats just a time.bomb….everyone should strike…..the last real strike in America, before evry car is made elsewhere…
Well if she is making 29 million I DEFINITELY will NOT be buying a GM car.
Some comments in here that sound like they originated in the former Soviet Union…
Tell her no one can afford a 100,000 dollar truck also people don't want battery cars and trucks jd powersis lying your vehicles stay in the shop
$30,000,000 talking head you can tell who is cheaper
Her performance is shit if that is the metric for her pay… and why workers are going on strike. Why is SHE the ONLY one rewarded for performance? Is she the one manning the lines? Is she the one building cars? No. Most of what she does is delegate. Stay strong UAW, you are supported!!! Up the workers!! Up the Union!! Down with scabs and bosses!!!
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