CEOs in Sweden earn on average in one year what manufacturing workers stand to earn in their entire lifetimes, according to a report from Sweden's main trade union group.
After a dip following the financial crisis, the salaries of top-level executives in Sweden are now once again growing faster than those of blue collar workers, the head of the Swedish Trade Union Confederation (LO), Wanja Lundby-Wedin, along with two LO economists, wrote in an opinion piece in the Dagens Nyheter (DN) newspaper.
On average, members of the "power-elite" have incomes that are 17 times higher than those of manufacturing sector workers, according to a new report by LO charting the salary developments of top-ranking managers in Sweden.
The study is based on a selection of around 200 "power positions" from different sectors of Swedish society, which LO breaks down into the economic, democratic, and bureaucratic "elite". Full story...
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After a dip following the financial crisis, the salaries of top-level executives in Sweden are now once again growing faster than those of blue collar workers, the head of the Swedish Trade Union Confederation (LO), Wanja Lundby-Wedin, along with two LO economists, wrote in an opinion piece in the Dagens Nyheter (DN) newspaper.
On average, members of the "power-elite" have incomes that are 17 times higher than those of manufacturing sector workers, according to a new report by LO charting the salary developments of top-ranking managers in Sweden.
The study is based on a selection of around 200 "power positions" from different sectors of Swedish society, which LO breaks down into the economic, democratic, and bureaucratic "elite". Full story...
Related posts:
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