GM CEO Mary Barra on UAW strike: We put a historic offer on the table 

If someone has the skillset, knowledge, intelligence, wisdom and experience to make a company billions...Then they're worth $29million. You clearly have no idea of the complexity and challenges a CEO faces.

Challenges like... getting bonuses even while your company lost profits

​@@afellowinnewengland6142your delusional if you think what she does is worth 29 million.

The stock is at the same price as 2010. She should have pay cuts, not raises.

@@Andrew-3445 Stock prices mean very little in automotive. VinFast is valued more than Ford and GM combined right now given the stock price- which is ridiculous. She's made the right moves and pursued the right initiatives.

These ppl don't care. She'd smother her own father for a Xmas bonus

Agreed; he’d be rolling in his grave at how she does “business”

That’s sad, she forgot where she came from

Excellent point. Did not know that. This fact needs to be spread far and wide; puts it all in perspective.

She didn't forget where she came from. She just doesn't give a damn. To her people are expendable. The UAW has my support. It's time the management at the top was told and no uncertain terms that they're not going to step on us anymore

This is why I came to the comments before watching the propaganda / public relations spin.

WTF that's crazy

exactly

Her salary is $2.1 M and the rest is stock compensation

​@@calofc01spoor Mary💸💸😢

They wanted the strike. An excuse to keep prices outrageously high. I can't afford anything they build anymore, doesn't really matter to me what happens. Some other idiot can pay $80,000 for a stupid pickup truck. Not me.

​@@lot2196i work there. I cant afford what I make either. Its no different than the old coal miners at the company store. Work there, then give a third back. Only we can afford that with the record inflation , price hikes, and mortgage interest rates spiking. Everyone is buying used more and more.

@@brycecooley7017its not sustainable, look around - unless you're in a yuppie neighborhood everyone is driving 10 year old beaters

Fizzact they always do this to make it a show but now all americans get to watch see what their labor/life means to theses corporate greedy ceo's

Why?

Steal, not steel.😊

I don’t think she should collect $20m in compensation but I’m also often very skeptic of big labour strikes!!!

If you believe that (or that she'll show any cards in a news interview) then you're the one without a clue.

This comment 🔥

Cheap Labor is flooding into the USA from bus loads from Texas looking for work.

Yeah that's not true at all and we all know it. 40% pay raises, 32 hour work weeks, traditional corrupt pension plans that have to be continuously bailed out by taxpayers without their permission. All for overpriced vehicles that average Americans can't afford. Like Biden and Pelosi, we need to retire these obscenely insulting scammers for good. 😕

@@chargermaster586 Yup, many of them from where these auto makers really make most of their vehicles.

She makes $30M.. how much of that is in stock options she can’t sell yet? And how much of that is cash? It’s not as simple as you think.

😂

I remember the last times the unions achieved historic success in Detroit, I had to live there in the 70's and 80's, it was hell after all the jobs went out of the country.

I urge you all to go to WDIV News 4, in Detroit Michigan to watch the president of the UAW strong statements about the record profits and pay increases for the Big-3s CEOS. Mr. Fain for US Congress 2024!

No. They want way too much.

​@21AirDrop that is a lie. 35% pay raise is around 40 an hour. Get off of here with your BS. By the way, what she is not telling you is the 45% raise being asked is money that was loaned to them by the workers that they refuse to pay back. They are not even asking g for interest.

Umm that’s not even close to 80 an hour learn how to do math

The top wage of a GM employee is $32.32 and takes at least 8 years to reach that wage. We haven’t received any significant pay increase since the 2008 bankruptcy. Stop listening to big corporate media lies. The big 3 CEOs have had no issues with accepting %40 pay increases for themselves and i can assure you their %40 is not the same as my %40. It’s time to give the workers what they are owed.

Maybe you should do your own research instead of "hearing about" things. UAW came out on top during TARP, and again during "Covid Relief". 40% pay raises, 32 hour work weeks, traditional corrupt pension plans that have to be continuously bailed out by taxpayers without their permission. All for overpriced vehicles that average Americans can't afford. Like Biden and Pelosi, we need to retire these obscenely insulting scammers for good. 😕

The union gave up pensions to help the companies and still they refuse to give it back ... that's bs

Evil af

@@strawdemindset You're a straight up liar and you know it. Union Pension plans are a fraud perpetrated upon U.S. Taxpayers for FAR too long.

What a stupid b word … Listen … I could live my life in blissful peace if i had just a SINGLE payment of 29 million dollars let alone a YEARLY SALARY of 29 million … That’s north of 100k a day depending on the number of 0:01 working days .. 21 BILLION in profits this year already for GM. I don’t think paying workers what they are asking will bankrupt the auto industry. It is disgusting

Cause they don’t deserve it , there not decision makers

@@NickGiordano-zu4emWho says they don’t deserve it? Why shouldn’t they make a decent wage? These auto companies almost went bankrupt during 2008-2009 and the UAW took a deal that helped the companies. Now they have made record profits and it’s time the labor got repaid for what it sacrificed when times were tight. CEOs are easily replaceable

True, but no general can win a war without great soldiers.@@NickGiordano-zu4em

​@@NickGiordano-zu4emokay well then they should just leave the auto industry completely I wonder what will happen to those "decision makers"

​@@NickGiordano-zu4emwho the hell are you to say what anyone deserves? Gtfoh!

It’s seniority. Once you’ve been there long enough, you move to Tier 1. That’s what the UAW wanted back in 2008, to protect the pay of the current workers at the time, instead of everyone taking a hit. If you go back to the fat contracts they had before the Great Recession, you’re gonna end up in the same situation again, companies going bankrupt…

are u serious, "not having a life outside the plants they live in!" U must be a complete dolt to think anyone believes that BS. I've been in hundreds of automotive plants and you know what I see, mediocracy, with real UAW workers sleeping right out in the open. And no they didn't pull a double shift, just pure laziness without any accountability.. U work trading time for money, that is what you do, GM doesn't owe you anything more or anything less..

CEO make grazie amounts of money some make over 200 millions a year. And there workers live paycheck to paycheck

@@4801328 I don’t think she should collect $20m in compensation but I’m also often very skeptic of big labour strikes!!!

Oh my god, “paycheck to paycheck” or “working themselves so they have no life outside the plant” LOL!!! Which is it? It’s not both at the same time. Every UAW worker I know LOVES the overtime, and they’ve been doing really well lately. Boats, motorcycles, the cabin up north…

​@@eray9934you cant buy things based on overtime. If they have those things they are likely living on credit. You dont have strong comprehension skills.

No 29 million

​@@MarkB-vp9ki That's good, I'd hate for her to have to take a second job

​​@JamesDeWalt909lebron and the hotdog vendor are both employees. It's not like it's up to LeBron how much his employer pays another co-worker Kinda like how a janitor at gm makes less than a machinist. That's not on the machinist. It's on the employer, or ownership

@JamesDeWalt909on here comparing apples to oranges again! 🤦🏻‍♂️

So what? You want socialism? Move to the UK.

cause the program is shareholder driven

because that'll put the spotlight on her lol, the media doesn't care about workers

Exactly! Like they are not asking the right questions

comcast gonna comcast

She does deserve more. Much more more.

Because it was just published…Google it, it’s out there

She is yeh CEO, stop hating on successful people.

She runs a worldwide mega corporation. She shouldn't be making $100K a year so stop comparing her salary to line workers.

@@hckycpa20 So since line workers are not a big deal maybe Mary here should get her behind out there and make the cars her damn self

The Big 3 have profited tremendously since the 2008 economic crash; when the companies begged the members to give up concessions then to keep them afloat with the promise to return the members previous contractual demands when the companies became profitable again. That was nearly 20 years ago, and since then the companies have profited over 250 billion dollars, and yet none of those concessions have ever been given back to the rank, and file/membership who’s earned the big 3 those record profits! Wage increases have been absolutely stagnant with only a 4% increase in top pay between the last 20 years; while CEO’s salaries among the elective board members has risen 40% the last 4 years, and people want to know why corporate gouging/consumer taxing exists, and continues to exist/increase. The wages have increased only 4% in the last 20 years for the rank and file; while the cost of the very products that are built by the membership have increased nearly 46% in the last decade alone! You don’t think any of that is a huge problem either in todays day, and age! Ford alone will see a 150% increase in dividend payouts this year alone going from 2 billion up to 5 billion. They have the ability to revitalize a stagnant economy by levying some of those wages; yet they refuse to negotiate in good faith, and you believe that this is a bad time for the automakers to make these decisions? Our foreign relations overseas are terrible with China/Russia, and our supply chain snuffed out, so jobs are gonna have to come home regardless, and you can’t take a high value product, and build it in a low value country, and not have issues, so you tell me how this is a poor time to negotiate a contract for the members in good faith?! You literally don’t know what you’re talking about when it comes to big business, and these contract negotiations. No low level labor costs/wages created low level competency within those manufacturing plants. That’s statistically proven too! The big 3 are struggling to maintain 90% of entry level employees right now due to poor economic/personal growth within the company, and they can barely retain the leftover 10% when you’re starving on parts from your suppliers, and laying those temporary employees off without benefits they don’t get paid, so why would they stay? Tell me you’re clueless without telling me! Lol

And the reporter let's her get away with it. He is a schill.

Mary BS emBarraSing 😂😂

Media gives female CEO's and Politicians soft ball interviews

2010 was 2 million

Who cares what she made? You sound like a socialist. Move to the UK.

Her salary is based on reaching financial goals just like the workers. She's also a CEO who is responsible for making vital decisions, not some worker on the floor who is easily replaceable.

Shes just as replaceable & the people on the floor built the product !

@@kevinhewins6416 Going to go pick up one at the CEO store huh. It's that easy to do?

Uhm he said that 60 years ago about something that happened 80-125 yrs ago -- times have changed -- the labor movement has strangled this country starting in the 70’s

Marx and Engels both had positive comments on unions.

Bahahahahahahahahaha

@@JamesDeWalt909 it’s not that we wanted to strike. It was very clear from the start the big three were not going give us anything we asked for. The strike was inevitable.

We don’t want to strike. But we will and are

I urge you all to go to WDIV News 4, in Detroit Michigan to watch the president of the UAW strong statements about the record profits and pay increases for the Big-3s CEOS. Mr. Fain for US Congress 2024!

just all wait and go work for tesla or china company

You lead GM to bankruptcy, Mary BS emBarraSing, you did it, and it matters! 👍🎉🎉🎉🏆 - Joe Biden.

The unions and the oligarchs can go pound salt.

Sure, just let the companies ride record high profits while lowering their workers' salaries

Your boy Biden is letting millions of low cost employees over the border every year. That helps drive the future dem voter base while driving wages down.

Yup. Historic offer is call inflation. If you're not getting a much higher pay, you are losing money.

@@walden6272 Then go elsewhere and get that much higher pay. Oh wait, you can't because no one else is stupid enough to give it to you and you can't blackmail them. LOL

@@chillwill5080 Actually going elsewhere often do lead to higher pay. In fact, once you notify your employer you are leaving for higher pay, they would often give you a higher pay to match. I did that plenty of times. :)

@@walden6272 Then why don't these workers do it too? Oh right, because they aren't skilled at all.

@@chillwill5080 Actually they are skilled. The reason is simple, they already have taken over all the major Car Company in the US. So they can now force them to bend the knee. It will be the CEOs who needs to go find another job if this strikes go on for a long time. Investors are not going to be happy. That's the power of unions. Mob rules.

I wonder what she's worth per year. I don't get how a few are so above and so many are so below... 🤔

Why not ask for 200% or 300%. I mean that will guarantee eventual bankruptcy just like 40%. If everyone is going to be suicidal might as well go for broke. It's not like automakers go under even in good times and have had to be bailed out before.

But the “real” enemy here is those greedy factory workers who would like a couple more dollars on the hour…..

Girl power, she deserves her pay.. Go mary Go..😆😁

Local 11.

Welcome to the real world of Bidenomics. 81 million of you all voted for this, embrace it.

Thinking Mary should have made that offer about 10 years ago

I wish they would ask her why they capped pay on parts plant workers. I don’t get it

In real terms , you really want to go there without getting political , it’s called inflation

I read she makes something like 13k per hour. that's more than an army of workers make in their lifetime 😂

Something crazy like 766K a day

More like 12 lifetimes on avg.. probably more

And your point is?

Because of the stinking, socialist, corrupt unions. That’s why.

because they are not lead by total morons, like this lady and the UAW President! They both need to be gone..

GREED DUMMY.

The great Marxist/socialist cry.

The ceo is over paid

Sounds pretty tough... having to retire before 50.

We should give more money to Ukraine. That's all that matters. Who needs food?

@@migueldacosta58 Right? in the words of Colonel Kurtz " The horror, the horror"

@@bunsw2070 Someone doesn't understand how the Federal government is set up. lol That money is budgeted for situation like Ukraine. The United States does not exist in a bubble. We're a part of NATO and have allies.

49 and retiring, how is that possible? Oh yeah because you work for GM, that is how you are able to retire 16 years earlier than everyone else.. So GM doesn't owe you sh!t except the pay you earned by trading time for money as that is what you are doing.. No company owes you anything more or anything less. I do agree with the CEO's taking huge pay cuts, that we can all agree on..

She gets huge yearly raises for herself. Enormous bonuses. And reaps the rewards of the stock buyback dividends.

27 mill. $😂

@@Voysh2Voysh69 it'd be nice stock piling money like she's able to. I wouldn't even know what to do with that type of income. Probably take a month long vacation somewhere that doesn't have technology just to get away haha

Mary BS emBarraSing will lead GM to bankruptcy 😂😂😂

solidarity, go get em

GM stock price was $64 in 2021...Didn't see you complaining then when she was running things.

@@afellowinnewengland6142 problem is we are not in 2021. Or to make a better point. If you bought the stock in 2021 you lost 1/2 your money and Mary still got a 30% raise.

@@molassis8474 So let me get this straight- when the pandemic tanked the stock market and auto shares dropped to peanuts (along with most other companies) you blame that on leadership instead of market dynamics? Stock prices don't always correlate to good leadership or have anything to do with profitability. Boards review a host of factors that have NOTHING to do with stock prices. Automotive is long term oriented and you make decisions that come to light 5-10 years down the road. She's doing the right things. Period.

@afellowinnewengland6142 Mary has been doing the right things? 2021 was when GM partnered with Nikola.

Unions are un-American and socialist organizations. Solidarity! The Marxist cry.

CNBC is now CNBS

Profit is the revenue remaining after all costs are paid. @@J8726

😂😂😂

GM (government motors) is insolvent. The only momentum they have is illusory. These unions are gonna find out the hard way that free markets, which haven’t been part of our once great Republic for decades, is the only economic system worth a damn.

Ya that's why they were on strike 4 years ago

I don’t think she should collect $20m in compensation but I’m also often very skeptic of big labour strikes!!!

@@HusseinDoha same bot comment over and over.

That's more like 60 cars an hour

Mary BS emBarraSing will lead GM to bankruptcy 😂😂

Ask the CEO, the workers have been wondering the same since 2008