While you and I were fighting like feral dogs over heads of lettuce, the CEOs of Australia’s top 20 countries raked in huge pay rises in the last year.
Data compiled by Guardian Australia revealed just how much of a pay rise CEOs got in the last year and, in a surprise to absolutely no one, the numbers are fkn filthy.
CEO of pokies factory Aristocrat Leisure Trevor Croker
$7.53 million
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.
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.