Explore BrainMass

The salaries of competing firms

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

You are attending the annual stockholder's meeting of PIC Company. A fellow stockholder points out that the manager of PIC earned $100,000 last year, while the manager of a rival firm, CUP Enterprises, earned only $50,000. A motion is made to lower the salary of PIC's manager. Given only this information, what should you do? Be specific in your response.

© BrainMass Inc. brainmass.com October 25, 2018, 5:25 am ad1c9bdddf

Solution Preview

The salaries of competing firms are a good benchmark to deciding salary and benefits for your employees. However, there is more to deciding their salary than just a job title. Often similar job titles have a corresponding salary range, ...

Solution Summary

The salaries of competing firms are exemplified.

See Also This Related BrainMass Solution

Business Ethics: Perspectives on sweatshops, workplace health and safety issues

1. Contrast the two perspectives on sweatshops.

2. Remunerate the various problems associated with approaching workplace health and safety issues as market controlled.

3. Explain how health and safety issues at a workplace can not be an ideal.

View Full Posting Details