[20060504]96-187_高管与其他员工薪酬的比较.pdf

Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code 96-187Updated May 4, 2006A Comparison of the Pay of Top Executivesand Other WorkersLinda LevineSpecialist in Labor EconomicsDomestic Social Policy DivisionSummaryAlthough the reasons may have changed somewhat over time, the level of topexecutive compensation long has been of interest to policymakers, shareholders, andemployees. Thus far in 2006, attention principally has centered on the pay of chiefexecutives at corporations whose profits have soared and whose product prices haverisen substantially (e.g., Exxon Mobil), as well as at corporations where shareholdervalue has declined greatly (e.g., Pfizer and AT&T). Also during the current decade,scrutiny has focused on senior executives who enjoy sizeable pay packages whilemisstating their companies financial condition and thereby not only harmingshareholders, but also those employees with pensions invested heavily in their bankruptemployers stock (e.g., Enron). While the amount of executive salaries, bonuses, andlong-term incentives sometimes is looked at in isolation, a comparison often is madebetween the pay package