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The High Pay Centre warns that the median pay gap between executives and employees is set to widen again post-pandemic
THE gap between company executives’ pay and the wages of ordinary workers will widen again this year after narrowing during the pandemic, new research has suggested.
The High Pay Centre said that cuts to executive pay during the coronavirus crisis had led to a fall in the median pay gap between executives of FTSE 350 firms and employees.
But early examinations of recent data indicate that earnings disparities will widen again in 2022, the think tank warned.
Campaigners urge government to ignore profiteering oil lobbyists and help those hit hardest by rising energy prices
In 2024, 19 households grew richer by $1 trillion while 66 million households shared 3 per cent of wealth in the US, validating Marx’s prediction that capitalism ‘establishes an accumulation of misery corresponding with accumulation of capital,’ writes ZOLTAN ZIGEDY