$7.53 million
saw his salary jump by 69 per cent, meaning his pay jumped from $4.46 million to . WTF!
If you found that distressing, get a load of this: Macquarie Group CEO , whose salary rose by 48.5 per cent, “earned” (I use that term loosely) $23.7 million. Twenty. Three. Million. Dollars. In one year.
If you earned $90,000 (which is ) for 50 years, you still would only make $4.5 million all up. These people are making more in a year than we could hope to in a lifetime.
Eat the rich.
NAB CEO Ross McEwan received the biggest pay rise in terms of percentage at almost 130 per cent, from a huge $2.31 million to an even bigger $5.29 million.
Mind you, McEwan was at that job for less than a year, and also took voluntarily pay cut and no bonus. And yet look at that huge number. Crying, screaming throwing up.
Shemara Wikramanayake the average salary for a full-time professional
The average raise all up for the CEOs in Guardian Australia’s round up was 17.16 per cent. Wanna know how much the average raise was for full-time workers? 1.9 per cent. And since inflation was 6.1 per cent, that means workers actually lost money — because their costs increased at a quicker pace than their pay. I want to say this is a tale as old as time, but it isn’t. It’s just as old as capitalism.
Teachers, nurses, grocery store workers, public transport officers — generally the very people who keep our society from collapsing in on itself — are still earning fuck all while CEOs are raking in mammoth profits.
The post Australia’s Top CEOs Averaged A 17% Pay Rise In The Last Year —- How Much Did Your Pay Go Up? appeared first on PEDESTRIAN.TV .