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(单词翻译:双击或拖选)
Corporate1 jets, yachts, and club memberships, those kind(s) of perks2 can be power for the cores for executives in some of the nation's biggest corporations. According to watchdog group, the corporate library, the average CEO made 711 thousand dollars in 2004. When other perks and benefits are included, the total is an astronomical3 5.7 million dollars. That's a 30 percent increase over the previous year. For the first time in more than a decade, the Securities and Exchange Commission is revising its rules on how companies report executive compensation. The SEC's proposed rules include new requirements to disclose the salary, stock options, and fancy perks company executives receive. Companies can still let the boss use the private jet, they'll just have to tell investors5 what they are doing. Why is the SEC so interested in pay packages? Overpaid CEOs can be a drain on the company. According to economists6, the more a CEO was paid relative to his colleagues, the more likely the company will underperform in the stock market. As an investor4, it's worth doing a little research. A company's huge investment in its executives might not be paying off.
With the Money Minute, I'm Hari Sreenivasan, ABC News, New York.
1 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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2 perks | |
额外津贴,附带福利,外快( perk的名词复数 ) | |
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3 astronomical | |
adj.天文学的,(数字)极大的 | |
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4 investor | |
n.投资者,投资人 | |
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5 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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6 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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