In Australia and in Victoria the Fire Fighters want a 25% rise over 4 years. The CEOs have no Union so we really have no global systemic comparisons. How is it the big three American automakers don’t have boards equally represented by Shareholders, Labor, Men, Women, and other interested parties to resolve company issues less adversarially? Germany and Italy do. They manage to offer worker’s conditions far, better, and at a greater cost, but these companies were able to negotiate it more equitably and peacefully. Without a comparison of these differing structures, nothing will change.

The new leadership of the United Auto Workers is demanding that the Big Three automakers give its members a 40 percent raise over the four years of its next contract. The demand stems from the 40 percent increase in compensation raked in by the corporations’ CEOs over the past four years.

Only fair, right?

Source: If Bosses Are Raking It In, Shouldn’t Employees, Too? | The Smirking Chimp