Millions for bosses, peanuts for workers: Salary of CEOs spike by 50% since 2019
A recent Oxfam report reveals a stark disparity in income growth, with global CEO pay soaring by 50% since 2019 to $4.3 million annually, while average worker wages have barely budged, increasing only 0.9% over the same period. This widening gap exacerbates financial struggles for workers, particularly in regions like India, where living wages fall short of decent living expenses.
A recent Oxfam report reveals a stark disparity in income growth, with global CEO pay soaring by 50% since 2019 to $4.3 million annually, while average worker wages have barely budged, increasing only 0.9% over the same period. This widening gap exacerbates financial struggles for workers, particularly in regions like India, where living wages fall short of decent living expenses.
