Auto workers' pay agreement signals new reality for industry | Business | guardian.co.uk

Auto workers' pay agreement signals new reality for industry | Business | guardian.co.uk: "Most of Ford and General Motors' factory workers will get profit-sharing cheques and bonuses instead of annual pay rises"

Are the CEOs on a pay freeze as well? Ford Pays Mulally $26.5 Million for 2010 After Turning Around Automaker - Bloomberg:"GM Chief Executive Officer Dan Akerson was given a $9 million compensation package when he took the job, the company said in a Sept. 10 regulatory filing. Akerson, whose pay is subject to federal review, receives $1.7 million in annual salary, $5.3 million in stock that pays out over three years, and $2 million in restricted stock, the company said."