American Capitalism: Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes the workforce? What is an ethically justifiable way to determine the pay of a CEO of a large corporation? How do you explain that?© BrainMass Inc. brainmass.com October 17, 2018, 10:15 am ad1c9bdddf
There are a lot of factors that have to be taken into consideration with executive compensation issues. First of all, we can't justify paying a CEO just a few dollars above what we pay a worker. The CEO must be the highest paid official in the company. The other workers and positions work up to the pay level that the CEO has, when the worker becomes CEO (if that is their goal). The CEO has to have the highest pay, which sets the pay ceiling for the company. The CEO essentially bears the weight of the company's success, or lack of success, which is one of the reasons why CEO compensation is high. In addition, most CEOs, and all CEOs of large companies, have been through extensive education, training, and have developed the skill set that we see in CEOs. When we set CEO compensation, we're ideally setting it at a level that matches the level of academic experience and training necessary to become a CEO. Let's look at a CPA, as ...
This solution discusses ethically justifiable ways to determine the pay of a CEO for a large corporation. I also discuss if the discrepancy in pay based on position is ethical and issues related to CEO compensation.
Business Enterprise in American History
This is a two part project. Part A leads into part B.
A) Below you will find the directions for this assignment.
It requires that you construct an annotated bibliography.
Formulate a concrete research question in the area of American business enterprise. It might be a very broad question, or something much more focused. Either way, be certain that your question is precise. Here are a few examples of questions that one might come up with for a research assignment.
How has tariff policy affected American industry?
What invention has contributed most to American prosperity?
How does the company I work for fit into the development of American industry?
Can government regulation offset the collapse of control through free competition?
What protections and security have developed for industrial workers?
Begin your Written Assignment by writing a short paragraph in which you (a) state your question, and (b) explain how your assigned reading generated your interest in this question.
Note: You are not writing a research paper that answers this question, but developing a set of resources that you think should be consulted by someone if they were to write such a paper.
B) This essay should include a general discussion of the material on modern corporations and present-day business conditions that you have studied in Blackford & Kerr (Business Eneterprise in American History) and should be combined with a topic that interests you, that is acceptable to your instructor, and is one for which you might have access to appropriate research materials. Your paper should be 10 pages in length, double spaced, and you should cite your sources and annotate carefully, using parentheticals, endnotes, or footnotes. In addition to this, you should attach an appropriate bibliography in appropriate form.View Full Posting Details