UAW strike puts spotlight on pay gap between CEOs and workers

The United Auto Workers strike has entered Day 6 as union representatives and Detroit's Big Three remain at odds over wage increases.

UAW President Shawn Fain and other union leaders have argued that Ford, General Motors and Stellantis — parent company of Chrysler, Dodge, Jeep and Ram — can afford to pay workers more money because the companies have sharply boosted CEO pay in recent years. Those pay increases have helped create an unreasonably high pay gap between CEOs and average workers, the UAW says. 

"The reason we ask for 40% pay increases is because, in the last four years alone, the CEO pay went up 40%," Fain said on CBS News'"Face the Nation" Sunday. "They're already millionaires."