Pope Leo has expressed concern regarding the proposed compensation structures for high-ranking corporate executives. In a statement, he criticized packages that significantly exceed typical employee earnings. The Pope indicated a need for greater transparency and equitable distribution of wealth within the corporate sector. He emphasized the importance of prioritizing employee well-being and fair labor practices, stating that a balance between executive compensation and employee benefits is crucial for a healthy and sustainable economy. The remarks were made following discussions about recent pay increases across various companies.
Credits: The Straits Times World News