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3w ago

Oxfam Report Highlights Sharp Pay Gap Between German CEOs and Workers

New data shows CEO pay in Germany has surged 30 times faster than worker wages over five years, prompting calls for tax reforms and wage increases.

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Manager-Gehälter wachsen laut einer Erhebung von Oxfam 30-mal so stark wie die von Angestellten.
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Overview

  • German CEO median pay reached €4.4 million in 2024, a 21% real increase since 2019, according to Oxfam's analysis of top companies.
  • In contrast, real wages for German workers grew by just 0.7% during the same period, reflecting stagnating purchasing power amid inflation.
  • Oxfam has urged the German government to implement a wealth tax, increase taxes on high earners, and raise the minimum wage to €15 per hour.
  • The report warns that growing income inequality poses risks to democratic and social stability, with executive pay increasingly disconnected from worker compensation.
  • Globally, CEO pay for those earning over $1 million rose 50% between 2019 and 2025, far outpacing the 0.9% real wage growth for workers worldwide.