CEO pay soared in 2025, 20 times faster than workers’ pay
(www.theguardian.com)
from girlfreddy@lemmy.ca to world@lemmy.world on 01 May 16:26
https://lemmy.ca/post/64200441
from girlfreddy@lemmy.ca to world@lemmy.world on 01 May 16:26
https://lemmy.ca/post/64200441
CEO pay increased 20 times faster than worker pay around the world in 2025, according to a new analysis from Oxfam and the International Trade Union Confederation, the world’s largest trade union federation.
When adjusted for inflation, global worker pay declined 12% between 2019 and 2025, the equivalent of 108 days of free work during that time period. In comparison, CEO compensation increased by 54% between 2019 and 2025.
The average CEO received $8.4m in total compensation in 2025 compared to $7.6m in 2024.
#world
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For those wondering where 20x is coming from:
All pay rates (not just minimum wage) should be tied to inflation, so any raises are on top of that adjustment. That would of course bankrupt all companies (is what they'll say).
Doesn't fix the topic, but it does address the real wage increase of practically nothing.
Here a historic graph for context. Per 2023 the gap has soared 1,085% since 1978.
<img alt="" src="https://lemmy.world/pictrs/image/ba47f955-c661-4f96-9a69-04fdf5a3d7d4.png">
#edit better graph
It’s okay because they clearly earned it. Merit based society /s
The photo of Nadella is just the icing on the cake. Driving customers away from Microsoft with his horrible decisions, ruining products. But stock still goes up, and Nadella gets a raise.
He kinda started strong with trying to undo the toxic Ballmer era culture and scrambling to try to catch up on cloud infra. But even back then, the push for crazy excessive telemetry and moving pretty much all of QA into data science was the beginning of the end. And like all tech execs, AI has them losing their GD minds.
If the CEO’s get more, then the owner class must have even more.
Imagine saving all that money if an IA replaces CEOs
Happy May Day.
Yet guillotine sales remain remarkably flat.
Is there a preponderance of baldness among CEOs?
ceo are psycopath it is stressful to be one, so they lose all thier hair, or they are old white people.
And CEO performance is just as shit as it was in the late 1970s.
What a racket.