Detroit 3's White Collar Wages to Exceed Blue Collar Wages in 2012
Autoblog.com reports on a Center for Automotive Research study saying that next year GM, Chrysler and Ford's total bill for white-collar salaries will exceed the cost of UAW blue-collar wages for the first time.
Sixty-six thousand white collar workers made an average salary of $122,500. One hundred fifteen thousand blue collar workers made $69,000 each. I was frankly surprised by these figures. First, judging by the blue collar figure, it appears that these figures only account for salary/wages and not "total compensation". Secondly, while you could expect the automakers to have some very well paid executives and well paid engineers; you could also expect them to have larger numbers lower level salaried workers who are paid less than UAW wages.
It appears that despite restructuring, or because of it, stratification of the American workforce is alive and well at the formerly big 3.
Marginally related video time.
Thursday, December 01, 2011
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