#wageinequality — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wageinequality, aggregated by home.social.
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China’s ‘common prosperity’ push faces reality check as inequality rises: study
Chinese citizens are facing growing inequality in wages and wealth, con…
#NewsBeep #News #Economy #AU #Australia #Beijing #Business #China #Chinese #commonprosperity #economicgrowth #HouseholdIncome #incomeinequality #InstituteforCommonProsperityandDevelopment #LiShi #PekingUniversity #PresidentXiJinping #structuralreforms #WAGEINEQUALITY #wealthGinicoefficient #ZhejiangUniversity
https://www.newsbeep.com/au/649001/ -
Brace yourself for a shocking exposé that reveals the astonishing secret to these IT giants' success: 💰 Underpay #developers by up to 100% while still dominating H1B filings! 🤯 Because who needs fair wages when you can exploit the system like a pro, right? 🙄
https://h1bdatahub.com/blog/cognizant-tcs-infosys-low-h1b-salaries-exposed #ITgiants #Underpaying #H1BExploitation #WageInequality #ShockingExposé #HackerNews #ngated -
"Pay for S&P 500 chief executives rose by 7.7 per cent last year as packages at the US’s biggest companies keep increasing.
Median total pay for S&P bosses rose to $19mn last year. The jump in median chief executive pay was higher than a 7.2 per cent rise in 2023, according to Farient Advisors, a pay consultancy, and marked the quickest pace of growth since an 11.5 per cent gain in 2021.
Total pay for the broader American workforce increased 3.6 per cent in the 12 months that ended December 2024, according to the Bureau of Labor Statistics.
“We’re still seeing executive pay increases above the inflationary rate as well as above typical rank-and-file employees,” said Eric Hoffmann, chief data officer at Farient Advisors."
https://www.ft.com/content/d8da9877-a5d0-4ac2-87cd-236ff33d7269
#USA #CEOs #Inequality #WageInequality #Capitalism #WageSlavery
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📢 Excited to share my new GLO discussion paper:
"Perceived wage inequality, demand for wage equalization, and life satisfaction."Read it here: https://www.econstor.eu/bitstream/10419/307963/1/GLO-DP-1544.pdf
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New report from #ILO shows that since 2000 #WageInequality has decreased in 2/3 of countries—but the challenge remains. The lowest-paid 10% of workers earn just 0.5% of the global wage bill, while the top 10% take nearly 38%.
#FutureOfWork #DecentWork
https://www.ilo.org/resource/news/wage-inequality-has-declined-two-thirds-countries-worldwide-start-21st#:~:text=Real%20wages%20rose%20globally%20but%20regional%20differences%20persist&text=In%202023%2C%20global%20real%20wages,increase%20in%20more%20than15%20years. -
New report from #ILO shows that since 2000 #WageInequality has decreased in 2/3 of countries—but the challenge remains. The lowest-paid 10% of workers earn just 0.5% of the global wage bill, while the top 10% take nearly 38%.
#FutureOfWork #DecentWork
https://www.ilo.org/resource/news/wage-inequality-has-declined-two-thirds-countries-worldwide-start-21st#:~:text=Real%20wages%20rose%20globally%20but%20regional%20differences%20persist&text=In%202023%2C%20global%20real%20wages,increase%20in%20more%20than15%20years. -
New report from #ILO shows that since 2000 #WageInequality has decreased in 2/3 of countries—but the challenge remains. The lowest-paid 10% of workers earn just 0.5% of the global wage bill, while the top 10% take nearly 38%.
#FutureOfWork #DecentWork
https://www.ilo.org/resource/news/wage-inequality-has-declined-two-thirds-countries-worldwide-start-21st#:~:text=Real%20wages%20rose%20globally%20but%20regional%20differences%20persist&text=In%202023%2C%20global%20real%20wages,increase%20in%20more%20than15%20years. -
New report from #ILO shows that since 2000 #WageInequality has decreased in 2/3 of countries—but the challenge remains. The lowest-paid 10% of workers earn just 0.5% of the global wage bill, while the top 10% take nearly 38%.
#FutureOfWork #DecentWork
https://www.ilo.org/resource/news/wage-inequality-has-declined-two-thirds-countries-worldwide-start-21st#:~:text=Real%20wages%20rose%20globally%20but%20regional%20differences%20persist&text=In%202023%2C%20global%20real%20wages,increase%20in%20more%20than15%20years. -
CEO pay in the U.S. increased by 12.6% to $16.3 million in 2023 widening the CEO-to-worker pay gap to nearly 200-to-1.
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Did we really think a near death pandemic experience would change #capitalism priorities? “Workers deserve a fair share of wealth they create. CEO pay is soaring while working people experience the biggest wage falls in 20 yrs. These unbalanced pay policies have seen the gap widen between workers and bosses this year, adding to the cost of living crisis. -#wageinequality https://www.theguardian.com/business/2022/nov/07/ftse-100-executive-pay-rose-23-per-cent-4m-2022?CMP=Share_AndroidApp_Other