Oxfam Analysis Shows Workers’ Salaries Declined as CEO Pay Rose in Four Countries

Oxfam Analysis Shows Workers’ Salaries Declined as CEO Pay Rose in Four Countries.

The analysis also revealed that workers in these countries worked “for free” for six days last year because their wages fell behind inflation.

[{"selector":"#anim-8dd16faa-042d-43e9-9441-ff0eee418ff5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.8571429113421267%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The situation could have been different if wages had kept up with inflation.

[{"selector":"#anim-4dfde918-4c73-4ae9-8ba2-1aca0b68e19e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.8571429113421267%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The situation is concerning, especially in the wake of the COVID-19 pandemic.

[{"selector":"#anim-513f96a9-3bd8-4592-b330-81cf8b1df44a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.8571429113421267%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]