2023-04-27 14:40:11
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Wage inequalities between CEOs and employees are increasing. This is what emerges from the latest report from Oxfam France and Basic published this Thursday, April 27.
Two conclusions are put forward in this report : the 100 largest French companies listed on the stock exchange have multiplied their wealth created by two between 2009 and 2021, but yet the share intended for employees has fallen from 61 to 51%. Another finding is that wage inequalities have exploded: the pay gap between CEOs and the average salary increased from 64% to 97% between 2011 and 2021.
« It is the CEOs who are the big winners of this creation of wealth, since the CEOs have increased their remuneration by 66% while the minimum wage, which has the lowest salary, has only increased by 14%.explain Léa Guerin, advocacy officer on the issue of the regulation of multinationals at Oxfam France, interviewed by RFI. We are on an increase in CEOs 4 times faster than that of low salaries. »
The author of the report cites the example of Carlos Tavares, CEO of Stellantis, who in 2021 earned in 3 hours 22 the equivalent of the average annual salary of his company. For the world leader in call centers, Teleperformance, its CEO Daniel Julien earned, in 2021, 1484 times more than the average employee of his company. Dassault Systèmes, a software publisher, pays 385 times more to its manager, Bernard Chalès, than its average employee. « We realize the absurdity of these deviations », comments Léa Guerin, author of the report.
Revalue work
According to Oxfam, if such differences exist, it is because the remuneration of CEOs is increasingly indexed to “short-termist” financial criteria. These criteria encourage managers to favor the interests of short-term shareholders rather than the long-term interests of the company and all of its stakeholders, first and foremost the employees.
Ce that Oxfam proposes is “ a limitation of the gaps of 1 to 20 between the salary of CEOs and the median salary, then quite simply revaluing the work because, in a crisis situation, we are told about an inflation basket, but the problem is why this affects the lowest salaries . This is because the lowest wages have not followed. So we consider that what is important is to raise salaries to avoid what we are seeing today, that prices are rising and that this does not affect the most precarious, which is the case today. today ».
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