每日英语听力

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2020 Text 2(英语二)

Text 2

It is true that CEO pay has gone uptop ones may make 300 times the pay of typical workers on average, and since the mid-1970s, CEO pay for large publicly traded American corporations has, by varying estimates, gone up by about 500%.

A typical CEO of a top American corporation now makes about $18.9 million a year.

The best model for understanding the growth of CEO pay is that of limited CEO talent in a world where business opportunities for the top firms are growing rapidly.

The efforts of America's highest-earning 1% have been one of the more dynamic elements of the global economy.

It's not popular to say, but one reason their pay has gone up so much is that CEOs have really upped their game relative to many other workers in the U. S. economy.

Today's CEO, at least for major American firms, must have many more skills than simply being able to "run the company ".

CEOs must have a good sense of financial markets and maybe even how the company should, trade in them.

They also need better public relations skills than their predecessors, as the costs of even a minor slip-up can be significant.

Then there's the fact that large American companies are much more globalized than ever before, with supply chains spread across a larger number of countries.

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