Global CEO Pay Rises As Real Wages Fall
The organization Oxford has criticized the increasing pay gap between corporate executives and employees. The report notes that while CEOs of large corporations are receiving more compensation, many employees are forced to manage with less. This criticism follows trends of rising income inequality. Executive compensation has increased by over 50 percent since 2019 when adjusted for inflation. In contrast, real wages for employees have decreased by 12 percent. Oxford warned that this trend poses a danger to democracy and could worsen due to the crisis in the Gulf region. The organization is calling for more targeted taxation of the super-rich. Oxfam reported on May 1st that global CEO salaries have increased by more than 50% since 2019 when adjusted for inflation. During the same period, real wages for other employees decreased by 12%.
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Sources · 7 independent
“Die Chefs großer Konzerne bekommen immer mehr Geld. Viele Angestellte müssen dagegen mit weniger auskommen. Das kritisiert die Organisation Oxford.”
“Spitzengehelter seien seit 2019 inflationsbereinigt, um über 50% gestiegen. Reallöhne von Beschäftigten dagegen um 12% gesunken.”
“Spitzengehelter seien seit 2019 inflationsbereinigt, um über 50 Prozent gestiegen. Realöne von Beschäftigten dagegen um 12 Prozent gesunken.”
“Die Organisation Oxfam berichtet zum Tag der Arbeit heute, dass die Gehälter von Vorstandschefs weltweit seit 2019 inflationsbereinigt um mehr als 50% gestiegen sind. Die Reallöhne von Beschäftigten seien im gleichen Zeitraum um 12% gesunken.”
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