B2 – Upper Intermediate
An Economic Policy Institute analysis showed that on average, high-ranking executives of some of the largest US companies earned around $21 m a year.
Despite a looming global economic recession, it appears that the salaries of CEOs continue to get bigger and bigger. This will most likely intensify the scrutiny of pay inequality.
Read this article to find out why CEOs make so much and if it has always been the case.
https://www.bbc.com/worklife/article/20210125-why-ceos-make-so-much-money
Discussion Questions:
- What are the responsibilities of a CEO?
- Why should they be paid a lot? Is this fair?
- Would you like to become the CEO of a company one day? If so, what kind of top boss would you be like? If not, for what reasons?
- Do you agree or disagree that CEOs are the most important factor of success of a company hence, they should be paid the highest?
- What do you know about the CEO of your company?