Dr Pepper Snapple Group CEO Larry Young pocketed $6.5 million last year. But he thinks his employees at Mott's applesauce plant in Williamson, N.Y., should make $20,000 a year. So, the corporate conglomerate has been trying to cut $1.50 an hour--$3,000 a year--from the salaries of the 350 skilled workers, while freezing pensions and health care.
But there's no need to bring up CEO pay. Really. According to Dr Pepper Snapple Senior Vice President Robert Callan:
Executive pay is completely irrelevant to the discussion.
America's workers have a lot at stake in the 2010 elections: The entire House of Representatives and 37 Senate seats are up for election--and along with the hundreds of state and local races, the outcomes will determine how well all of us can shape a working families' agenda. Stop by the AFL-CIO Labor 2010 website and:
Social Security is strong for the long term and is not contributing to the deficit. As part of the coalition, Strengthen Social Security…Don’t Cut It, the AFL-CIO is opposing any plans for benefit cuts and pressing candidates to pledge to fight moves raising the retirement age.
