Economy

Pay inequality: "Certain remuneration" of CEO of the CAC 40 "beyond comprehension"deplores Oxfam

“Certain remuneration” of CEO of the CAC 40 “beyond understanding”, castigates Tuesday April 30 at the microphone of France Inter Léa Guérin, advocacy manager at Oxfam France, while the NGO reveals in a report that in 2022 the bosses of the CAC 40 earned on average 130 times more than their employees. She denounces “the indecency of some of these remunerations” It front of “extremely low average salaries” employees.

The advocacy officer ensures that despite “salary increases, many French people” find themselves in financial difficulty. Léa Guérin therefore considers that it is not “It’s simply not normal to have such high salaries when French people can’t make ends meet.”

Léa Guérin thus points out, at the microphone of France Culture, a “double speed system”. She emphasizes the data from the NGO report, according to which between “2019 and 2022, the remuneration of CAC 40 employees increased by 9%” while “those of CEOs [ont augmenté] by 27%”. The advocacy officer at Oxfam France also deplores the fact that “the remuneration [des patrons du CAC 40 soient] indexed mainly to financial objectives, or even shareholder value objectives. She sees there a “a kind of infernal spiral between shareholders and CEOs”, a form of “toxic relationship”.

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