business vocabulary in use

business vocabulary in use


2024年3月6日发(作者:神舟十五号乘组)

5 Pay and benefits

My name’s Luigi and I’m a hotel manager in Venice. I get paid a salary every month. In summer

we’re very busy. We work a lot of extra hours, or overtime. The money for this is quite good.

Working in a hotel, we also get nice perks, for example, free meals.

I’m Ivan and I work as a waiter in Prague. I like my job even if I don’t earn very much: I get paid

wages every week by the restaurant. We get the minimum wage: the lowest amount allowed by

law. But we also get tips, money that customers leave for us in addition to the bill. Some tourists

are very generous.

I’m Catherine and I’m a salesman based in Paris. I get a basic salary, plus commission: a

percentage on everything I sell. If I sell more than a particular amount in a year. I also get extra

money – a bonus, which is nice. There are some good fringe benefits with this job: I get a

company car, and they make payments for my pension, money that I regularly after I stop

working. All that makes a good benefits package.

Compensation 1: My name’s Alan. Compensation and remuneration are formal words used to

talk about pay and benefits, especially those of senior managers. Compensation package and

remuneration package are used especially in the US to talk about the pay and benefits that

employees receive. For a senior executive, this may include share options or stock options: the

right to buy the company’s shares at low prices. There may be performance-related bonuses if

the manager reaches particular objectives for the company.

Compensation 2: Compensation is also used to talk about money and other benefits that a senior

manager (or any employee) receives if they are forced to leave the organization, after a

boardroom row. This money is in the form of a compensation payment, or severance payment. If

the manager also receives benefits, the payment and benefits form a severance package.

In Britain, executives with very high pay and good benefits may be referred to as fat cats,

implying that they do not deserve this level of remuneration.

People and workplaces

The people who work for a company, all the people on its payroll, are its employees, personnel,

staff, worker and workforce. But these works can mean just the people carrying out the work of a

company, rather than those leading it and organizing it : the management.

Management and administration : a company’s activities may be spread over different sites. A

company’s most senior managers usually work in its head office or headquarters. Some managers

have their own individual offices, but in many businesses, most employees work in open-plan

offices: large areas where many people work together. Administration or, informally, admin, the

everyday work supporting a company’s activities, is often done in offices like these by

administrative staff or support staff. For example, those giving technical help to buyers of the

company’s products are in technical support.

Labour : labour is spelled labor in AmE. Labor unions, organizations defending the interests of

workers are called trade unions in BrE.

The Institute for Supply Management® (ISM) is the first supply management institute in the world. Since

1915, ISM has executed and extended its mission through education, research, standards of excellence

and information dissemination — including the renowned monthly ISM

Report On Business® — and

maintains a strong global influence among individuals and organizations.

7 The career ladder

A job for life:

Many people used to work for the same organization until they reached retirement: the age at

which people retire, or end their working life. Career paths clear: you could work your way up the

career ladder, getting promotion to jobs that more senior, with greater responsibility. You could

probably not be demoted: moved to a less senior job.

To leave the company, you could resign or hand in your notice.

A job for now :

Modco has downsized and delayered. The number of management levels in the company

hierarchy has been reduced from five to three, and many managers have lost their jobs. Modco

has reorganized and restructured in order to become flatter and leaner.

They did this to reduce costs, and increase efficiency and profits. Employees said the company

used words like “restructure” to make the situation sound positive and acceptable.

In-house staff or freelancers :Modco has outsourced many jobs previously done by in-house

personnel:

ABB Cookies and Privacy Policy

Cookies

Upon your first visit to an ABB web site, a cookie is sent to your computer that uniquely identifies

your browser. A "cookie" is a small file containing a string of characters that is sent to your

computer when you visit a website. We use cookies to improve the quality of our service and to

better understand how people use our sites. We do this by storing user preferences in cookies and by

tracking user trends and patterns of how people navigate our sites.

Most browsers are initially set up to accept cookies. You can reset your browser to refuse all cookies

or to indicate when a cookie is being sent. However, some features or services on our sites may not

function properly without cookies.

ABB’s website uses both "first party" cookies (cookies used by the ABB website only) and "third

party" cookies (cookies originating from a third party website). We use first party cookies for

storing preferences and data needed throughout your visit on the site (for example, contents of your

shopping cart). We use third party cookies for tracking user trends and patterns with the help of third

party web statistics providers. The third party cookies are used exclusively by ABB websites and the

web statistics provider and are not shared with any other third party.

The table below describes the web statistics cookies used by the ABB website.

Provider of cookie Type of cookie Purpose of cookie

Google Analytics First party Web analytics (anonymous usage statistics)

Privacy policy

ABB considers privacy an important issue, so we build and operate our web services with the

protection of privacy taken into account. This Privacy Policy outlines the types of personal

information we gather when you use one of ABB's web sites and some of the steps we take to

safeguard it.

These principles apply to personally identifying information we ask for and that you provide. By

this we mean information that individually identifies you, such as your name, physical address,

e-mail address or other contact details.

Data collection

Browsing of our web sites and most other services do not require any personally identifying

information.

ABB may collect limited non-personally identifying information your browser makes available

whenever you visit a website. This log information includes your Internet Protocol address, browser

type, browser language, the date and time of your query and one or more cookies that may uniquely

identify your browser. We use this information to better understand users behavior and to further

improve our offerings.

Some of our services require you to register for an account. ABB asks you for some personal

information in order to create an account and we will use that information to provide the service. For

certain services we may request credit card or other payment information which we maintain in

encrypted form on secure servers.

When we require personally identifying information, we will inform you about the types of

information we collect and how we use it. We hope this will help you make an informed decision

about sharing your personal information with us. It is then up to you to decide if you want to provide

the information or not.

Information sharing

We do not rent or sell your personally identifying information to other companies or individuals,

unless we have your consent. We may share such information in any of the following limited

circumstances:

We have your expressed consent.

We provide such information to trusted businesses or persons for the sole purpose of

processing your request on our behalf. When this is done, it is subject to agreements that

oblige those parties to process such information only on our instructions and in compliance

with this Privacy Policy and appropriate confidentiality and security measures.

We conclude that we are required by law or have a good faith belief that access,

preservation or disclosure of such information is reasonably necessary to protect the rights,

property or safety of ABB, its users or the public.

If you have an account, we may share the information submitted under your account among all of

our services as well as distributors and channel partners to the extent necessary to provide you with

a seamless experience and to improve the quality of our services. We will not disclose your account

information to other people or non-affiliated companies, except in the limited circumstances

described in this Policy or with your consent.

We may store and process personal information collected on our site in any country in which ABB

or our hosting providers maintain facilities. By using our services, you consent to the transfer of

your information among these facilities, including those located outside your country.

In the event of a transfer of ownership of parts of ABB Ltd., such as acquisition by or merger with

another company, we will provide notice and ask for your consent before any personally identifying

information is transferred and thereby becomes subject to a different privacy policy.

We may share aggregated information with others. Examples of this include user trends or the

number of users who accessed a particular part of ABB's web presence. This aggregated

information does not include any personally identifying information.

We offer certain services where you can post information on the site which will then be available to

other visitors of the site. Examples are discussion forums and comments on blogs. When you post,

basic information identifying you as the poster will be made available to other visitors together with

your posted information. This information includes your name or alias, and where relevant, may

include other information such as your country or the name of the company or organization you

work for. We may also display statistical, reputational and other similar information, for example

the number of forum posts you have posted or how useful other visitors have rated your posts. For

details, please see the help pages for each service.

Information security

We take appropriate security measures to protect against unauthorized access to or unauthorized

alteration, disclosure or destruction of data.

We restrict access to your personally identifying information to ABB employees who need to know

that information in order to fullfill your request or supply our services.

Updating your information

We provide mechanisms for updating and correcting your personally identifying information for

many of our services. For more information, please see the help pages for each service.

Links

The external sites linked to from the ABB web sites are developed by people over whom ABB

exercises no control. These other sites may place their own cookies on your computer, collect data

or solicit personal information.

Changes to this Policy

Please note this Privacy Policy will change from time to time. We expect most such changes to be

minor, but there may be changes that are more significant.

Regardless, we will post those changes on this page and, if the changes are significant, we will also

provide a more prominent notice. Each version will be noted at the top of the page. Prior versions of

this Privacy Policy will be kept in an archive for you to view.

This policy has been last updated on April 26, 2012. Changes include better description of our usage

of cookies and addition of a section concerning user-generated content on the site.

If you have any additional questions, please feel free to contact us any time.

Learn English with EF Education First

EF (Education First) is a personalized English program that is proven to be effective

and efficient. It uses an integrated approach to learning language – speaking, listening,

writing, reading, vocabulary and grammar. The courses and lessons are engaging and

highly motivational, and include multimedia activities, realistic business topics,

practical business storylines and authentic simulations.

Communicating effectively in English is a critical skill in today’s global business world. ABB uses

English as our international language to improve collaboration throughout the company, pursue

global mobility and to ensure our international clients can communicate effectively with our

teams. Read more ->

Here I must emphasize that any items, of all acting processes you sent out so far, that is or

may conflict with contract signed between Full Service and CNCTC will not be followed by

Full Service site personnel, unless we discussed and agreed with written agreements

beforehand.


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