Global CEO pay increased by 50 percent since 2019, 56 times more than worker wages

Global CEO pay increased by 50 percent since 2019, 56 times more than worker wages

Attention: Editors

Date: 1 May 2025

While South African CEOs raked in an average of R30 million in 2024, local workers saw real wage growth of just 0.6%—a sobering reflection of global trends exposed in Oxfam’s latest report. Around the world, CEO pay has surged by 50% since 2019, while worker wages have barely moved, widening the chasm of inequality.

From billionaires earning more in an hour than workers make in a year, to women effectively working Fridays for free, the numbers are staggering.

Read the full Press Release here