CEO pay in S&P 500 companies increases a lot, making the difference bigger between CEOs and workers.

Reading

Read this text and listen to it at the same time. If you don’t know a word click it to see explanation, hear pronunciation or add it to vocabulary.

CEOs of big companies got paid a lot more money last year. Their pay went up much faster than the pay of regular workers.

The average CEO pay was $16.3 million, a big jump from the year before. At the same time, regular workers only saw their pay go up a little bit.

Companies did well last year, so CEOs got big bonuses and stock awards. Some CEOs even got pay raises of 50% or more.

Many people think it's unfair that CEOs make so much more than their workers. They say it makes people angry about the economy.

A long time ago, CEOs only made about 40 to 50 times more than their workers. Now, the difference is much bigger, sometimes hundreds of times more.

Answer the questions to the text. Speak or write, you choose. AI will assess your answers.

Why did CEOs receive big bonuses and stock awards last year?

Companies did well

How much was the average CEO pay last year?

$16.3 million

What do some people think about the pay gap between CEOs and regular workers?

It's unfair

Look at the article image and describe what you see on it. You may either speak or write your answer there.

Discuss this article with your AI tutor to practice. Your tutor will help you with vocabulary and grammar.

Read a new article every day and
discuss it with AI at lingolette.com