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CEO Pay Disparity and Its Impact on Average Workers

This report discusses the significant difference in pay between CEOs and average workers, highlighting the rising CEO salaries and stagnant wages for workers. The report questions the justification for such high executive pay and explores the potential consequences on corporate performance.

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CEO Pay Disparity and Its Impact on Average Workers

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  1. Business Reports via Charts Types of charts Charts’ descriptions Reports about charts

  2. III. Report about Charts • 1. Try to describe the following chart.

  3. III. Report about Charts • 2. Listen to a business analyst talking about CEO’s pay. Fill in the blanks with proper information. The pay of the average workers _________________________________ while the average chief executive’s pay _____________________________________________________________________________________________________. remained almost flat from 1990 to 2004, has risen from almost 3 million dollars to almost 12 million dollars, a raise of 400 percent

  4. III. Report about Charts • 3.Listen to a business analyst talking about CEO’s pay. Fill in the blanks with proper phrases. Julia Roberts makes a movie. She gets 1.________ --- more than 20 million dollars a film! That’s OK. Her movies usually earn many times than that. You can say she makes money in the 2.____________ way. She earns it! But can the same be safe for all those business executives who make millions? Are they really worth it? big bucks old-fashioned

  5. III. Report about Charts • 3.Listen to a business analyst talking about CEO’s pay. Fill in the blanks with proper phrases. Are they really worth it? Michel ? , the former CEO of Disney, once made 576 million dollars in a single year. That's 3.__________ dollars every day he went to work, which breaks down to about 4.________ dollars an hour for an-eight-hour day! According to the corporate library, in 2004, the highest-paid CEO was Yahoo’s Terry ?, who hold in close to 231 million dollars. more than 2 million 275,000

  6. III. Report about Charts • 3.Listen to a business analyst talking about CEO’s pay. Fill in the blanks with proper phrases. equivalent to That’s an 5.____________the combined average salaries of about 6,000 American workers. And it’s getting worse. The pay of the average workers remained almost flat from 1990 to 2004, while the average chief executive’s pay has risen from almost 3 million dollars to almost 12 million dollars, a raise of 400 percent. Now average American workers are having a tougher time 6._____________. CEOs are also getting ? making ends meet

  7. III. Report about Charts • 3.Listen to a business analyst talking about CEO’s pay. Fill in the blanks with proper phrases. Who can forget ex-Tigo? CEO Dennis ?’s ? 7.________________________, or his 8.________________________in a shape of a three-foot-high ?? We also found out they ? don’t necessarily end with retirement. Jack ?, the former CEO of GE had used a 9._______, a company-owned apartment 10.__________ Central Park, a limousine and a cook! In the world of CEOs, it seems the more money you make, the less money you should have to spend. 6,000-dollar shower curtain 15,000-dollar umbrella stand corporate jet overlooking

  8. III. Report about Charts • 3.Listen to a business analyst talking about CEO’s pay. Fill in the blanks with proper phrases. To be fair, companies say “We pay CEOs because they 11.______.” or “We need to 12._______________.” But there is often 13._____________________________________________________. A 2004 ? University study analyzed more than 1500 US companies over a ten-year period. They found 14._____________between higher executive ? and degradation of shareholders. Wouldn’t it be nice when the executive say “Show me the money.” they can prove they earned it? worth it attract top talent no connection between executive pay and corporate performance no correlation

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