salary


REPORT: Chrysler working to skirt federally-manded $500,000 executive salary cap

As previously reported, once Chrysler dipped its beak into the Federal coffers, the top 25 executive salaries would be capped at $500,000 per year. However, it seems the bankrupt automaker's new parent has found a way around the salary limitation by making the senior Chrysler officers Fiat employees. ABC News dug through the Chrysler's bankruptcy documents and found "Any such seconded officer may receive supplemental employment compensation from Fiat ... notwithstanding any 'cap' on compensation payable to such officer ... under any Law, rule ... Read more →

Wagoner gets a raise to what he made in 2003 Chris Shunk

After an abysmal 2005 where GM lost over $10 billion, CEO Rick Wagoner received a sizable pay cut from $2.2M to $1.28M. Yeah, we know, cry him freakin' river. The General's relative success of late, ...

Schumi's retired, but he still makes more than you Noah Joseph

For a retiree, Michael Schumacher sure has been getting a lot of press lately. If he's not testing prototypes for Ferrari, he's taking on rivals in the Race of Champions or getting in trouble with ...

U of M Economics professor tackles tough question of UAW wages John Neff

UPDATE: Link to source finally added. Our bad. var digg_url = 'http://digg.com/business_finance/WTF_American_car_workers_make_more_than_University_professors_with_Ph_D'; A tip sent us to the blog ...

Takuma Sato earns the big bucks Noah Joseph

You may be shocked and startled to find out that Takuma Sato is among the highest-paid drivers in F1. This despite his dismal driving record, reputation as an irresponsible driver, and inability to ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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