Nvidia CEO Jensen Huang gets first pay raise in a decade, now earns $49.8 million | The average Nvidia worker earns $301,233

Nvidia CEO Jensen Huang gets first pay raise in a decade, now earns $49.8 million | The average Nvidia worker earns $301,233

Nvidia CEO Jensen Huang gets first salary raise in a decade

Nvidia CEO Jensen Huang saw a 49% boost to his salary.

Millions for bosses, peanuts for workers: CEOs pay went up by 50% - 56 times more than workers

A recent Oxfam report reveals a stark disparity in income growth, with global CEO pay soaring by 50% since 2019 to $4.3 million annually, while average worker wages have barely budged, increasing only 0.9% over the same period. This widening gap exacerbates financial struggles for workers, particularly in regions like India, where living wages fall short of decent living expenses.

Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report

Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.