Um, wrong.
It is the employees that FORCE the company to pay more than they are worth. It is the unions that have caused it. You will pay me what I tell you to pay me or we will destroy your company. Then they go to the next company and say, see, they now make this much. WE are worth more than they are, so you will pay us more or we will destroy your company.
As has already been stated, they been doing it for years.
When an employee makes 30 dollars an hour to push a broom do you really think an upper manager is going to be willing to work for less?
The managers are trying to get what they can also. It's called greed, it not now nor has it ever been solely a management problem. THe workers are just as much to blame and the unions bare most of that. The unions drove the wages for all levels of pay within the auto industry and they will now sit back and watch as their efforts destroy everything.
Will the UAW take a hit for this?
Of cource not. The UAW bosses already have theirs, they could care less what happens from this point onward.