PORTUGAL IS among developed countries where the gulf between the best paid and lowest paid workers in the last two decades has widened.
A study by the International Employment Organisation, entitled The World of Work in 2008: Income Inequalities in the Era of Financial Globalisation, concluded that, in relation to the start of the 1990s, the salaries of the top 10 per cent of the best paid employees had risen far more than the 10 per cent of lowest paid employees.
“Our country makes up part of that group which recorded large increases between who earns more and who earns less, along with Hungary, Poland, the United States and Northern Europe,” states the report.
Apart from the United States, other countries with huge pay disparities include Brazil, China and India, while Belgium, Sweden, Denmark and Norway registered less disparity.
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