Activity

week 5
1.

X: I get paid every month.

Y: I see. You get a **salary** not **wages**

X: I usually have to work late; I don't get paid for it, but I get a percentage for every photocopier I sell.

Y: So you don't get **overtime**, but you do get **commission**. That's good.

X: The people in production get a **bonus** if they reach their targets.

Y: Oh right. They get an extra payment for producing a certain amount.

X: The company pays for medical treatment too, and the company restaurant is fantastic.

Y: Wow! The **company perks** sounds very nice.

X: And they've given me a **company car** to go and visit clients.

Y: So you don't have to buy a car.

X: What's more, the company pays in money for us to get when we don't work anymore.

Y: Yes, it is important to get a good **pension**.

X: The total **benefits package** is brilliant.

Y: Yes, all that extra stuff is really worth having.

2.

A: How is your new job going?

B: It's great! I receive a fixed salary every month, but sometimes I have to work overtime to meet
deadlines.

A: Do you get paid extra for the overtime?

B: Unfortunately, not for the extra hours, but I do earn commission for every sale I make, which is a nice
bonus.

A: That's a good incentive. Do you have any other perks at your job?

B: Yes, I get a yearly bonus if I meet my targets, and the benefits package includes health insurance and a
gym membership.

A: Sounds like you have some great fringe benefits. What about the wages for entry-level positions?

B: The company ensures that all employees receive at least the minimum wage, which is helpful for those
starting out.

A: That's fair. It seems like your job not only offers a good basic salary but also valuable extras like tips for
sales and other perks.

3.

FAILED AIRLINE BOSS GETS

MASSIVE PAYOUT

Shareholders are angry that despite very poor results, Blighy Airlines' CEO, Mr. Rob Herring, is leaving with
f3 million in his pocket. They say it is ridiculous to 'reward bad performance with this sort of. Severance
payment or severance package.

MULTILEVER'S EXECUTIVE PAY

It was today revealed that Mr. Carl Lang, head of consumer foods giant Multilever, earns a basic salary of
522 million with stock options potentially worth an additionai $10 million. Other payments bring to $35 his
total.. compensation and remuneration package.

MEGAFONE CEO GETS E10 MILLION 'THANK YOU' AFTER TAKEOVER

Thedirectors of Momafomg, tha warld'slarpast robls pnone comoanyyassre

voted to give Mr. Chris Ladyman, its chief executive, a special payment of E10 million for negotiating the
company's takeover of Minneman. The directors referred to this as a.. performance related bonus.

ANGRY SHAREHOLDERS ATTACK EXECUTIVE PAY

National Enerey's shareholders yesterday attacked the directors of the company for paying themselves
too much.

Profits fell by 30% last year, but directors are being paid 30% more. "They should be paid 30% less", said
one shareholder.

These people are just fat cats.

ALEJANDRO BARBAS Y MICHELLE ANICHIARICO