Tag: income inequality

CEO Pay Takes A Hit In 2023, Yet Stands At 290 Times Average Workers Salary

October 18, 2024 admin

The salary of Chief Executive Officers significantly declined in 2023 despite a robust stock market, according to a recent report. CEO pay was still astoundingly high-290 times higher than the ordinary worker-despite this drop. The Economic Policy Institute’s study revealed that in 2023, there was an almost 20% decline in the total compensation received by…

World

Wealth Of World’s Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam

July 27, 2024 admin

Average net worth of the elite jumped by nearly $400,000 per person, per the report. The world’s richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world’s population, according to a new analysis by Oxfam….

World

Congress attacks government on issue of income inequality

October 23, 2023 admin

Congress General Secretary Jairam Ramesh. File | Photo Credit: ANI The Congress on October 23 charged that the gap between the ultra-rich and the middle class in the country is widening under the Modi government. Congress general secretary Jairam Ramesh said an analysis of the publicly available data on income tax returns for the period…

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