CEO (Chief Executive Officer).

Consejero delegado o Director ejecutivo, es el máximo responsable de

la gestión y dirección administrativa de la empresa. Podría decirse que el CEO es el pilar de la empresa,

ya que es el fundador y quien formula el propósito, la visión y la misión de la compañía.

fat catnoun [ C ]
UK US DISAPPROVING

someone who has made a lot of money, especially without working hard for it or by not
caring about their workers, customers, etc.:

There is a lot of public anger about corporate fat cats and their huge bonuses.

fat-catadjective [ before noun ]

UK US DISAPPROVING

relating to someone who has made a lot of money, especially without workinghard for
it or by not caring about their workers, customers, etc.:

fat-cat bosses/bankers/lobbyists

fat-cat pay rises/bonuses/pensions

in limbo
in a situation where you do not know what will happen or when something will happen:

We were in limbo for weeks while the jury tried to make a decision in the case.

pay packagenoun [ C ]
UK US ALSOremuneration package, salary package

HR , WORKPLACE the salaryand other benefits (= advantages) such

as healthinsurance or a car that an employer offers to an employee:
The incoming president will receive a
$60,000 annual pay package, including housing and vehicleallowance.

pensionnoun [ C ]
UK /ˈpenʃən/ US
a regular income paid by a government or a financialorganization to someone who
no longer works, usually because of their age or health:

comfortable/decent/generous pension They receive a generous pension, typically 75% of

last paydrawn.

pension plan/scheme Her new joboffers a company pension scheme.

Any pension contributions you payinto your plan qualify for tax relief.

According to the report, CEOsreceived an average of $1.3 million

in pension benefits last year.

final-salary/index-linked pension If you want an index-linked pension, which

will rise in line with inflation, you will get less to start with.

draw/pay/receive a pension

a full/small pension

performancenoun
UK /pəˈfɔːməns/ US

[ C or U ] how successful an investment, company, etc. is and how much profit it makes:

The Fund's past performance does not necessarily indicate how it will perform in the future.

good/solid/strong performance Last year saw a strong performance from the high-
street retailer.

bad/disappointing/poor performance The retailer said it

would restructure operations to cutcosts after its disappointing performance of the past year.

business/economic/financial performance Financial performance was

below expectations and we are working on improvements.

boost/improve/measure performance The board is

under pressure to improve performance following a profits warning in January.

The business value model should include high-level performance measures such
as profitability, market growth, etc.

operating/trading performance

[U] IT how well a computer, machine, etc. works:

The latest Intel-based notebooks rivalPC performance.

[U] how well someone does their job or their duties:

good/impressive/poor perfomanceHe was fired for poor performance.

John's departure is not directly related to his performance.

FORMAL LAW the act of doing what is stated in a legalagreement:

Subject to due performance of its obligations, each Party shall be entitled to receive copies of
all results.

remunerationnoun [ S or U ]
UK /rɪˌmjuːnərˈeɪʃən/ US FORMAL

HR , WORKPLACE payment for work that has been done or services that have
been provided:
directors'/executive remuneration

annual/total remuneration The dealtook his total remuneration last yearto £2.4m.

rewardnoun
UK /rɪˈwɔːd/ US

[ C or U ] WORKPLACE , HR an advantage, for example more money or a better job, that

someone receives if they are successful, work hard, etc.:
To compete with bigger players, smallfirms will need to share more of the risk and reward of
the new market with partners.

Two firms each received £20,000 as a reward for their continued participation in the car-
sharing scheme.

Achieving targets has become

an increasingly significant component of management incentives and rewards.

a reward for sth In a performanceculture, you need to let employeesknow there is a reward
for high performance.

receive/get/collect a rewardSalespeople who are willing to worklonger hours will receive

significant rewards.

win/earn a reward The company wona reward for developing the successful patent.

provide/offer a reward Providing rewards to an entire group instead of to individuals can be

an effective way to encourage positive groupdynamics.
[ C, usually plural, or U ] money that someone earns for doing a job, especially when this is a very
large amount:

financial/economic/monetaryrewards

big/huge/generous rewards

reap/receive/earn rewards The linkbetween corporate performance and

the big rewards reaped by directorsshould be more transparent.

provide/offer a reward Most securities fraud cases offer too little reward
for private attorneys to pursue.

salarynoun [ C or U ]
UK /ˈsæl.ər.i/US /ˈsæl.ɚ.i/

B1 a fixed amount of moneyagreed every year as pay for an employee,

usually paiddirectly into his or her bankaccount every month:

an annual salary of £40,000

His net monthly salary is €2,500.

She's on quite a good/decent salary in her present job.

He took a drop in (= accepted a lower) salary when he changed jobs.

a ten percent salary increase

Severance Pay'
Severance pay is the compensation an employer provides to an employee who has been laid off,
whose job has been eliminated, who has decided to leave the company through mutual agreement,
or who has parted ways with the company for other reasons. In addition to pay, severance
packages can include extended benefits, such as health insurance and outplacement assistance, to
help an employee secure a new position.

digitizeverb [ T ]
UK ALSO digitise UK /ˈdɪdʒɪtaɪz/ US ALSO digitalize IT

to put information into digitalform (= into the form of a series of the numbers 0 and
1)so that it can be used by computers and other electronic equipment:

We hope to get funding to digitize the library's archive collection.

digitization
noun [ U ] UK ALSOdigitisation ALSOdigitalization
Digitization creates many new ways to use and sharephotos.

facilitynoun
UK /fəˈsɪləti/ US
facilities

[ plural ] equipment, rooms, etc. that are provided for people to use:

The community center has some of the newest equipment and best facilities in town.

Are non-members allowed to use the facilities?

recreational/sports/leisurefacilities

bathroom/washing/toilet facilities

[C] a building or area that is used for a particular activity or purpose:

The company is building a $4m training facility in Oakland.

She works as a chaplain in a juvenile detention facility.

[C] FINANCE , BANKING an arrangement that letssomeone borrow money from

a bank or other financialinstitution for an agreedperiod of time or up to a
particular amount:
a borrowing/overdraft/credit facilityDo you have an overdraft facility on your account?

The company has secured a $2m debt facility from another bank.

[C] a special feature on a machine, computer, piece of software, etc. that enables you to
do something:

Another useful facility of the softwareis an embedded dictionary.

fleeverb [ I or T, never passive ]

UK /fliː/ US /fliː/ PRESENT PARTICIPLEfleeing, PAST TENSE AND PAST PARTICIPLEfled

C1 to escape by runningaway, especially because of danger or fear:

She fled (from) the room in tears.

In order to escape capture, he fled tothe mountains.

flee the country
to quickly go to another country in order to escape from something or someone:

It is likely that the suspectshave fled the country by now.

ITnoun [ U ]
UK /ˌaɪˈtiː/ US

IT ABBREVIATION FORinformation technology: the science and activity of

using computers and software to store and send information:
Leapfrogging outdated IT is one way
that developing nations can beat the industrialized world.

IT consultant/director/manager

IT department/division/staff

IT professional/specialist

IT companies or organizationsthat sell or provide goods or services relating to comput

ers, software, accessto the internet, etc.:
IT industry/sector The IT industryhas the systems to gather and manage more data than
the world can produce.

jobs/work in IT The agency dealswith a wide range of jobs in IT.

layoffnoun [ C ]
ALSO lay-off UK /ˈleɪɒf/ US HR

the act of ending a worker's job, sometimes temporarily, usually because there is not
enough work to do:

Workers have been warned to expect further layoffs.

Layoff notices are expected when business slows after Christmas.

a period when someone is not working because their jobended or they

were forced to leave it:

long/short/temporary layoff A longlayoff can help a budget but it can

make workers less productive when they return.

productivitynoun [ U ]
 UK /ˌprɒdʌkˈtɪvəti/US ECONOMICS , PRODUCTION

the rate at which a country, company, etc. producesgoods or services,

usually judged in relation to the number of people and the time necessary
to producethem:

The productivity agreement gives staff an extra 10% pay if the teamreaches its sales targets.

productivity increases/improves/goes upStudies show that if a workingenvironment is

pleasant, productivity increases.

increase/improve/boostproductivity

an increase/decrease/fall in productivity

productivity gains/growth/improvement Many economists doubt that

productivity growth can be credited to informationtechnology.

the ability to do as much workas possible in a particular period:

Think about which times of day your productivity is highest, and do the most
difficult tasks then.

The new phone has some useful apps for organizing information – it's a
great productivity tool.

savingsplural noun
US /ˈseɪ·vɪŋz/

the money you keep, esp. in a bank or other financialorganization:

I’m going to put some of my savings into a down payment on a car.

shiftverb
UK /ʃɪft/ US

[T] to move something to a different place or position:

shift sth to sth They shifted the money to another account.

shift sth out of sth Rising costsforced them to shift manufacturingwork out of Europe.

[ I or T ] to change an opinion, idea, etc.:

shift focus/emphasis/attention
shift (sth) away from sth They have shifted the emphasis of the businessaway from
traditional manufacturing.

shift (sth) towards sth The companyhas shifted towards a more flexiblemarketing mix.

HR have shifted their position on overtime working and this will no longer be encouraged.

[ T ] INFORMAL COMMERCE to manage to sell goods:

At that time, Sony had shifted 30 million Playstation3 consoles since launch.

The sales projections were over-optimistic and left them with $100 million of stock they
couldn't shift.

white-collaradjective [ before noun ]

UK /ˌwaɪtˈkɒlər/ US ECONOMICS

relating to people who work in offices, doing work that needsmental rather
than physicaleffort:

The company plans to cut 1,450 white-collar jobs as part of a restructuring.

white-collar professionals/staff/workers

blue-collaradjective [ before noun ]

UK /ˌbluːˈkɒlər/ US ECONOMICS

relating to jobs that involve physical work, especially workthat you do not need
any special skills to be able to do:

blue-collar jobs

blue-collar workers

trendnoun [ C ]
UK /trend/ US

a general development in a situation or in the way that people behave:

consumer/industry/market trendsGoods on the Retail Price Index have to

be updated to accurately representconsumer trends.

a downward/upward trendBorrowing is on a downward trend.

a trend for sth They are profiting from a growing trend for eating out.
a trend in sth Manufacturers are being buffeted by trends in the globaleconomy.

a trend of sth a trend of rising prices

a trend towards/toward sth The trend toward bigger cars is new this year.

current/general/recent trends

growing/long-term/underlyingtrends

business/economic/global trends

a new development in clothing, make-up, etc.:

Autumn fashion trends are expected to favour muted colours.

above/below trend

more or less than is usual:

We will see GDP on a quarterly basis above rather than below trend.
buck the/a trend

to be different from or not be affected by the way that other peopleor things
are behaving:

Although industry profits were down, MFG is expected to buck the trend and increaseprofits.
reverse the/a trend

to make a generaldevelopment go in the opposite direction:

Holding the rate of duty will do little to reverse the trend towards cross-bordershopping.
set the/a trend (for sb/sth)

to start doing something that other people copy:

Our employee focus could well set the trend for successful companies in the future.