BUS434 Wk 5 dis 1
BUS434 Wk 5 dis 1
CSU - Dominguez hills
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Date Created: 11/15/15
BUS434 Wk 5 dis 1 Executive Compensation Choose one of two statements below and construct an argument supporting your position 0 The market trend towards escalating executive compensation re ects the critical importance of an executive to an organization39s longterm Viability 0 The growing compensation inequity between executive management and the average employee threatens to destabilize organizational morale and societal justice Respond to at least two of your classmates39 postings The growing compensation inequity between executive management and the average employee threatens to destabilize organizational morale and societal justice It is no surprise that an executive manager earns a much higher salary than the average employee of an organization However the growing compensation inequity threatens to destabilize organizational morale and societal justice quotA recent study conducted at Harvard Business School found that Americans believe CEOs make roughly 30 times what the average worker makes in the US when in actuality they are making more than 350 times the average workerquot Mishel amp David 2014 Executive managers of an organization make large salary39s primarily for the following reasons 0 Many receive stock as part of their salary package 0 They receive large bonuses based on the performance of the company 0 Large base salaries The large gap between the total salary of an executive manager and the average employee is really frustrating to hard working employees that work the quotfront linesquot to ensure that organizations are meeting their goals Many organizations start employees off at minimum wage or right above it in order to save money In addition some organizations currently have quotraise freezesquot that are preventing employees from getting their annual raises In order for employees to feel like they are being treated fairly and to keep the morale up organizations need to look at how they can pay their executive management team fairly but also ensure that the average employee feels as if they are being paid fairly as well 0 Employees that have a certain amount of time invested in a company should be eligible to receive stock Granted it will not be as much as an executive manager but something is better than nothing 0 Starting salaries should be fair and comparable to other companies in the same market 0 Employees should be eligible for annual raises based off of their performance companies should not put freezes on annual raises If an employee has worked hard to earn it then they should receive it 0 Employees should be eligible for bonuses based off of their performance Executive managers should consider giving up some of their pay in order to pay their employees more fairly and to make them feel appreciated By doing so they will see employees who want to work harder to reach the organizations goals and employees who have a higher morale Mishel L amp David A 2014 June 14 CEO Pay Continues to Rise as Typical Workers Are Paid Less Retrieved February 22 2015 from httpwwwepiorgpublicationceopaycontinues torise
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