CEO Pay Rose 20 Times Faster Than Worker Wages in 2025
A new analysis shows CEO compensation at major corporations rose sharply in 2025, outpacing worker wage growth by a factor of 20 worldwide. Inflation-adjusted worker pay fell below 2019 levels, while CEOs saw real-terms increases. The gap was even wider in the U.S., with stock ownership concentrated among top households.
Abujoy / Wikimedia (CC BY-SA 2.5)Chief executives at the world's largest companies saw their pay climb 20 times faster than workers' wages in 2025, according to an analysis by the International Trade Union Confederation and Oxfam. The study examined 1,500 top-paying corporations across 33 countries that disclosed CEO compensation for 2025. 6 million in 2024, marking an 11% real-terms increase.
5% in 2025. Globally, inflation-adjusted worker pay was lower in 2025 than in 2019, reflecting a 12% decline between those years. That drop equated to 108 days of free work for workers over the period.
CEO compensation, however, increased by 54% from 2019 to 2025. A typical worker would need 490 years to earn what the average CEO received in a single year in 2025. The analysis also highlighted a 16% gender pay gap among the studied corporations, meaning women effectively worked for free after November 4 each year.
The top 10 highest-paid CEOs collectively received more than $1 billion in 2025. Four companies—Blackstone, Broadcom, Goldman Sachs, and Microsoft—paid their CEOs over $100 million each that year.
3% over the same period. 3% increase in average hourly earnings for private company workers. S.
Households held 93% of stocks, up from 81% in 2013. Billionaires earned $2,500 per second in dividends in 2025, based on investment portfolios of more than 1,000 billionaires. For every two hours in 2025, the average billionaire received more in dividends than the typical worker earned annually.
2% increase from 2025. “This analysis exposes the billionaire coup against democracy and its costs for working people,” said Luc Triangle, general secretary of the International Trade Union Confederation. “Companies promise us a virtuous cycle, but what we see is a vicious cycle led by mega corporations – they undermine collective bargaining and social dialogue while billionaire CEOs capture the wealth created by productivity gains,” Triangle added.
“We can’t continue to let a handful of super-rich people siphon off the rewards of work that belong to millions,” said Amitabh Behar, executive director of Oxfam International. “Governments must cap CEO pay, fairly tax the super-rich and ensure minimum wages at the very least keep pace with inflation and ensure a dignified living,” Behar stated.
“These measures can do far more than redistribute income; they can create economies that reward work, invest in communities and hold powerful interests accountable.
Key Facts
Story Timeline
6 events- 2026-05-03
Wealth of wealthiest billionaires increased by $4tn over the past 12 months, a 13.2% rise from 2025.
2 sourcesOxfam and International Trade Union Conf - 2025
CEO pay increased 20 times faster than workers' pay globally; average CEO compensation reached $8.4 million.
2 sourcesInternational Trade Union Confederation - 2025
Billionaires earned $2,500 per second in dividends; top 10 CEOs received over $1bn collectively.
2 sourcesOxfam and International Trade Union Conf - 2024 to 2025
U.S. S&P 500 CEO pay rose 25.6% for 384 executives, while worker hourly earnings increased 1.3%.
2 sourcesInternational Trade Union Confederation - 2019 to 2025
Global worker pay declined 12% adjusted for inflation; CEO compensation increased 54%.
2 sourcesOxfam and International Trade Union Conf - 2013 to 2024
Top 10% of U.S. households' stock holdings rose from 81% to 93%.
1 sourceunattributed
Potential Impact
- 01
Widening wealth inequality affecting economic stability and consumer spending.
- 02
Greater scrutiny on corporate governance and executive compensation disclosures.
- 03
Increased calls for policy changes like CEO pay caps and higher minimum wages.
- 04
Potential rise in union activities and collective bargaining efforts.
- 05
Possible shifts in investment patterns favoring worker-focused policies.
Transparency Panel
Related Stories
Sen. Tim Scott Criticizes Fed Chair Powell's Plan to Stay After Term Ends
Republican Sen. Tim Scott criticized Federal Reserve Chair Jerome Powell for planning to remain on the Fed's Board of Governors after his chair term ends on May 15, 2026. Scott said the move breaks 75 years of precedent and suggested it might be aimed at President Trump. Powell c…
UAE Leaves OPEC After 60 Years of Membership, Reducing Group to 11 Producers
The United Arab Emirates departed the Organization of the Petroleum Exporting Countries on Tuesday, reducing the group's membership to 11 nations. OPEC members now account for about 33% of global crude oil output. The exit occurs amid high oil prices and the ongoing closure of th…
EuronewsUS, Japan, and South Korea Stock Indices Reach Record Highs Despite Iran War Disruptions
Major stock indices in the United States, Japan and South Korea reached new all-time highs this week, even as the war in Iran disrupts global energy markets and shipping routes. Oil prices stand at a four-year high, with 10-12 million barrels a day disrupted in the Strait of Horm…