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.