UAW Points to CEO Pay to Justify Its Demands09/18/2023NEW YORK (AP) — The United Auto Workers union has made CEO pay a central part of their argument for a big worker wage increase. UAW President Shawn Fain has repeatedly said that because Detroit’s three automakers raised CEO pay by 40% over the past four years, workers should get similar raises. Fain’s focus on CEO pay is part of a growing trend of labor unions citing the wealth gap between workers and the top bosses to bolster demand for better pay and working conditions. A detailed look at the CEO pay packages General Motors, Ford and Stellantis shows a more complicated picture. The UAW's claim overstates the figure by some measures and understates it by others.