ziggy ziggy:
Sometimes the workers have to take a cut in wages to keep their employer afloat.
Worker's should take a pay cut???
$1:
The idea isn’t going over well. Vice Chairman and CFO Frederick A. “Fritz” Henderson said GM execs have already lost their bonuses, which amounts to a pay cut since a big part of compensation comes from performance incentives.
$1:
DETROIT (Reuters) - General Motors Corp (NYSE:GM - News) Chief Executive Rick Wagoner's salary and other compensation rose 64 percent in 2007 to about $15.7 million, mainly due to option grants, according to a proxy filed on Friday.