> 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.
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> 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.
CEO pay soared in 2025, 20 times faster than workers’ pay
Analysis finds real wages fell 12% since 2019, with inequality widening in the US beyond global levels
the Guardian (www.theguardian.com)
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R relay@relay.mycrowd.ca shared this topic
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> 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.
CEO pay soared in 2025, 20 times faster than workers’ pay
Analysis finds real wages fell 12% since 2019, with inequality widening in the US beyond global levels
the Guardian (www.theguardian.com)
The issue i have with this; most CEO's are terrible at their jobs. The ones that actually add real value are few and far between.
This is NOT capitalism. It's cronyism. 🤮
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R relay@relay.publicsquare.global shared this topic
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The issue i have with this; most CEO's are terrible at their jobs. The ones that actually add real value are few and far between.
This is NOT capitalism. It's cronyism. 🤮
@DazRunner @vmbrasseur Blah blah, highly skilled, high risk, whatever...
No. There's no risk for them. They run the company into the ground and employees lose their jobs. The person who actually caused that will receive a golden handshake and be in line for the next big job. Risk and reward are decoupled. -
> 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.
CEO pay soared in 2025, 20 times faster than workers’ pay
Analysis finds real wages fell 12% since 2019, with inequality widening in the US beyond global levels
the Guardian (www.theguardian.com)
@vmbrasseur In the last year and a half alone my buying power went down by more than 20%.
Which makes me assume that the global decline is sitting at mere 12% because the vast majority of the world workers simply cannot be paid less without them starving to death.
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> 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.
CEO pay soared in 2025, 20 times faster than workers’ pay
Analysis finds real wages fell 12% since 2019, with inequality widening in the US beyond global levels
the Guardian (www.theguardian.com)
@vmbrasseur from the source available in other languages such as #Spanish #ituc #csi
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E em0nm4stodon@infosec.exchange shared this topic