Expatica news

EDP’s multi-millionaire boss earns 50 times his workers’ average salary

In an article published today in Proteste Investe, the consumer watchdog Deco reported that for the second consecutive year, the head of supermarket group Jerónimo Martins, Pedro Soares dos Santos, heads the list of CEOs who earn the most in relation to the average earnings of their staff at 130 times average salary.

Energy company, EDP, has the highest paid manager in the country, António Mexia, who earned over €2 million, 49.5 times the average pay of his workers which is an impressive €40,000 per year.

———–

© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.

——————-