He only had to work five days to earn the amount that an employee received for a whole year.
This was the result of a calculation by the Chamber of Labor (AK) for the so-called “Fat Cat Day” on January 9th. As a basis, the interest group used the median income of 34,000 euros (gross) in 2020.
The leader is the Bawag boss Anas Abuzaakouk and Mayr-Melnhof boss Peter Oswald. With an annual salary of more than 5.2 million euros, you have earned the annual income of an employee in two days. The only woman on the list is the head of the Vienna Insurance Group Elisabeth Stadlerwho, with her annual salary of 1.8 million euros, had to work six days for the median income. EVN boss earned comparatively little for an ATX CEO Stefan Szyszkowitz with 620,000 euros. In order to reduce inequality, the AK demands an “appropriate ratio” between executive and staff salaries.
Source: Nachrichten
