Archives Michigan AFL-CIO

Michigan CEOs Paid 171 Times Average Worker, 455 Times Minimum Wage Worker

FOR IMMEDIATE RELEASE
Contact: 
Sara Wallenfang
swallenfang@aflcio.org

Michigan CEOs Paid 171 Times Average Worker, 455 Times Minimum Wage Worker

 

2014 Executive PayWatch exposes high paid CEOs in the low wage economy www.PayWatch.org

 

(Michigan; April 15, 2014) – According to the AFL-CIO’s 2014 Executive PayWatch website, the average CEO of a company based in Michigan made $7,004,386, which is 171 times more than the $40,898 earned by the average Michigan worker. When compared to the earnings of full time minimum wage workers who make $15,392 per year in Michigan, the gap between CEO and worker pay jumps up to a 455:1 ratio.

 

This year, the highest paid CEO in the state of Michigan is Brett A. Roberts of Credit Acceptance Corp. He makes 1,327 times more than the average worker and 3,526 times more than minimum wage workers in Michigan.

 

While many companies may argue that they can’t afford to raise wages, across the country the nation’s largest companies are earning higher profits per employee than they did five years ago. In 2013, the S&P 500 Index companies earned $41,249 in profits per employee, a 38% increase.

 

“Here in Michigan, we realize that the surest path to fairer wages is collective bargaining. We also support any effort to raise wages for all workers. CEO PayWatch is an effective tool to show workers that it is time for CEOs to compensate their hard working employees fairly once and for all,” said Karla Swift, Michigan State AFL-CIO President.

 

Many of the CEOs highlighted in PayWatch head companies, like Walmart, that are notorious for paying low wages. Meanwhile, U.S. CEOs – the highest paid in the world – pocketed an average of $11.7 million in 2013. That means CEOs were paid 331 times that of the average worker and 774 times more than workers making minimum wage.

 

“CEO Executive PayWatch calls attention to the insane level of compensation for CEOs, while the workers who create those corporate profits struggle for enough money to take care of the basics,” said Richard Trumka, President of the AFL-CIO. “This database is relevant to every community in the country. And we’ll use this data to organize and mobilize to lift millions of workers out of poverty and to strengthen the middle class.”

 

PayWatch is the most comprehensive searchable online database tracking the excessive pay of CEOs of the nation’s largest companies. It offers visitors to the website the unique ability to compare their own pay to the pay of top executives. This year, PayWatch highlights five low wage companies through worker testimonials at Walmart, Kellogg’s, Reynolds, Darden Restaurants and T-Mobile.

 

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Statement from Michigan AFL-CIO President Karla Swift on Terri Lynn Land’s So-called Plan for Michigan Manufacturing

FOR IMMEDIATE RELEASE

 
Friday, April 4, 2014 

Contact: Kristopher Banks

313-595-6564 , kbanks@miaflcio.org

 

Statement from Michigan AFL-CIO President Karla Swift on Terri Lynn Land’s So-called Plan for Michigan Manufacturing

 

“Michiganders cannot trust Terri Lynn Land because she supports an anti-middle class agenda that would hurt our workers, undercut Michigan manufacturing, and send good paying jobs overseas. Here’s the truth – Land’s plan would gut worker training programs just to give new tax breaks to companies that ship jobs overseas. If Land had her way, our auto industry would have failed, and if she is elected to the U.S. Senate, she will support policies that make it tougher for our workers and our manufacturers to compete. Land’s anti-middle class agenda may be right for the out of state billionaires boosting her campaign, but it would hurt working families here in Michigan.”

 

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AFT-Michigan Statement: Union Teachers at Detroit’s Largest Charter School Win Unprecedented Settlement While Hundreds of Students, Parents, and Teachers Watch Film About César Chávez

Monday, March 31, 2014

Media Release

 

Union Teachers at Detroit’s Largest Charter School Win Unprecedented Settlement While Hundreds of Students, Parents, and Teachers Watch Film About César Chávez

 

DETROIT – On César Chávez’s Birthday, teachers at César Chávez Academy (CCA), Detroit’s largest charter school won an impressive settlement that  will return educators to the school and provide over $75,000 in back pay.  Representatives from the teachers union, The César Chávez Academy Alliance of Charter Teachers & Staff (CCA ACTS), reached a late deal on Monday evening with The Leona Group—the for-profit company that manages the day-to-day operations of the charter school.

“This win could not have come on a better day,” exclaimed Rose Crowley, a Reading Specialist at CCA High School. “It’s incredible that we were able to celebrate this victory on Cesar Chavez’s birthday, and I’m elated that we were able to share this moment with hundreds of our school’s amazing students and parents.”

CCA ACTS is negotiating a first contract with the CCA Board of Directors and The Leona Group. CCA teachers were joined by over 600 parents, students, alumni, teachers, union leaders, public officials, and community representatives at a screening of the new Diego Luna film, “Cesar Chavez” sponsored by AFT Michigan and  CCA ACTS. The film documents Chavez’s struggle to unionize immigrant farm workers in California. Throughout the organizing campaign and contract negotiations, teachers at CCA have drawn inspiration from Chavez’s work and his legacy as a union organizer.

11.01.13 AFT Santoscoy PicLynne Santoscoy, a social worker from the CCA Middle school will be returning to work as soon as the settlement is finalized by the National Labor Relations Board. “I’m so excited to get back to CCA and work with our wonderful students and families. I have been so supported by my colleagues and the community over these past s

ix months. What was done wrong has been made right and we will continue to work with The Leona Group to reach a fair first contract that will make our school community an even better place to work and learn.”

At the close of the movie, hundreds gathered in the lobby to hear the announcement of Santoscoy’s reinstatement,chanting “si se puede!” in the spirit of Cesar Chavez as they surrounded her in celebration.

“This is a fitting tribute to Cesar Chavez on his birthday,” said David Hecker, AFT Michigan President. “Charter school teachers are a growing part of AFT Michigan and they can accomplish amazing things when they join together with parents and community to reclaim the promise of public education.”

For additional information regarding the history of CCA ACTS visit this link:http://bit.ly/1qwUCSk

Statement by Michigan State AFL-CIO President Karla Swift on Marriage Equality

For Immediate Release

Contact: Sara Wallenfang

swallenfang@aflcio.org

 

Statement by Michigan State AFL-CIO President Karla Swift on Marriage Equality

Today, Attorney General Eric Holder did the right thing by granting same-sex couples married in Michigan federal benefits. It is a disgrace that our state government will not follow suit.

Governor Snyder has shown a shameful lack of leadership and basic human decency on this issue. Loving, committed couples should not have to wait through a costly and politically motivated appeals process in order to receive equal treatment in our state.

Appallingly, it is still legal to fire or discriminate against Michigan workers based sexual orientation or gender identity. Even after same-sex marriage is fully recognized, the labor movement will continue to fight for fairness and equality for all.

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