Disclaimer: the following post may hurt your hard-core capitalist feelings
If you haven’t heard of the ESRS Disclosure Requirement S1-16, please learn this is my favorite one:
“The disclosure shall include the annual total remuneration ratio of the highest paid individual to the median annual total remuneration for all employees (excluding the highest-paid individual)”.
So, yes, according to the CSRD and the ESRS that followed along, we will be able to better understand the pay gap that exists inside each company.
The most indoctrinated capitalists will call it woke politics or socialism at work. At the same time, they will use the most worn-out and thoughtless arguments in favor of such pay gaps:
– It’s meritocracy at work (if you earn it, it’s because you deserve it)
– We must pay good salaries to have the best professionals (which I personally agree with, up to a point)
– If the market is available to pay, then it’s because it’s fair (ah, the good old “the market will regulate itself”…)
The overarching question is: under what circumstances do we find it acceptable (or even inevitable) that someone only has to work 3 days to earn the equivalent of other worker’s year’s salary?
In related news, and looking across the Atlantic, as Jesse Eisenberg said in a recent interview with Bill Maher: “If you’re so rich and powerful why are you just not spending your days doing good things for the world?”
It’s not rocket science. And the CSRD is on the right side of Humanity.
sustainability #equality #paygap #CSRD
Publicado no Linkedin a 30 Janeiro 2025