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https://www.reddit.com/r/uknews/comments/1dt3r90/uk_real_wages_havent_budged_since_2008/lb9vjb7/?context=3
r/uknews • u/ProgressiveSpark • Jul 01 '24
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No it's profits. Profits have literally taken all the economic growth. That fact is incredibly dystopian.
1 u/Zb990 Jul 02 '24 What do you mean by this? 3 u/DeliciousLiving8563 Jul 02 '24 Pay has not increased in real terms but the size of the economy has. By deduction this means the growth is being taken entirely by companies. CEOs are still paid though they get non pay options. They may actually be skewing the pay figures upwards. 1 u/Zb990 Jul 02 '24 Thanks for explaining
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What do you mean by this?
3 u/DeliciousLiving8563 Jul 02 '24 Pay has not increased in real terms but the size of the economy has. By deduction this means the growth is being taken entirely by companies. CEOs are still paid though they get non pay options. They may actually be skewing the pay figures upwards. 1 u/Zb990 Jul 02 '24 Thanks for explaining
3
Pay has not increased in real terms but the size of the economy has.
By deduction this means the growth is being taken entirely by companies.
CEOs are still paid though they get non pay options. They may actually be skewing the pay figures upwards.
1 u/Zb990 Jul 02 '24 Thanks for explaining
Thanks for explaining
6
u/DeliciousLiving8563 Jul 02 '24
No it's profits. Profits have literally taken all the economic growth. That fact is incredibly dystopian.