Posts Tagged ‘ceos’

Pay rises for CEOs, pay cuts for workers

Written By: - Date published: 12:53 pm, May 7th, 2010 - 13 comments

The other day I wrote about pay rises for workers. 75% of non-union workers took a pay cut last year. Seems their bosses made off a lot better. Despite all the business collapses and the 21,000 lost jobs, half of all CEOs got a pay rise last year and the typical pay rise was a massive 5% (only 10% of workers got a 5%+ way rise). It’s the essence of class war.