Managers Should Be Paid More Than Regular Employees “Do You Agree with This Statement? Justify Your Answer in Scholarly Detail!!

The salary is not only money, but everything the man values. It is enough to create a good working condition and employees will feel valued. Who had worked in the Soviet period, remembers one of the key employee's conducts - take it easy and do what says to do your direct responsibilities. In other words, not disturb anyone, than no one disturbs you. Times have changed and job descriptions for many corporate executives are worthless piece of paper now. Managers are usually strong enough and willing to have various stages of business - the foundation, development, maturity, change management - experience in any sense of human resource management knowledge gap. They do not have the financial, marketing and sales expertise. Now they need to manage people, but not control, and educate them, treat them in such a way that they would be satisfied with the work. In preparing training it is often use the example of the iceberg. What is above the water is called a worker's competence, the subjects that can

The first lesson we learnt was the importance of treating employees fairly, especially in terms of wages. Employees who are content and treated fairly are productive and will evidently drive the bottom line of the company. Their productivity will be high, knowing their wage is reflective of their work and they feel valued in the company. Not only did employees experience pay dissatisfaction if they perceived their pay as unfair, they were also less motivated to achieve the organization’s goals. (HRM 212) In Quarter 6, we increased the wages for Level 3,4, and 5 workers. However, we received feedback that notified us that our Level 1 workers

A recent survey conducted by Mercer Consulting Firm found that salary is the reward component most profoundly appreciated by employees; however, just 55 percent are happy with what they earn. When employees believe, they are being paid short of what

There is no doubt that every company should plan to reduce the difference between the CEO salary and the average worker salary because it simply seems unfair and may lead to bitterness and criticism, which will negatively affect the productivity of other employees.

Indirect compensation has a large effect of boosting job performance. “The biggest problem with a straight-pay structure is that employees quickly become used to earning a certain level of income regardless of the results they produce. Promotions do usually increase pay, but the motivational influence stems from recognition, increased responsibility, more challenging work and a personal sense of accomplishment all of which are motivating factors, according to Herzberg.”

2. Supervisors should not hire and distribute paychecks. There should be another person responsible to distribute the paychecks other than the supervisor.

1. Do you think the fact that most American CEOs are paid so much more than rank-and-file employees suggests CEOs are overpaid? Explain.

In support of this statement, they used the example of the competitors, Walmart and Costco. Walmart, founded by the Walton family, brings in approximately 405 billion dollars annually and still only pays their employees around $9 an hour. In comparison, the founders of Costco, Jeffrey Brotman and James Sinegal, are not among the world's richest as the Walton family is but still find a way to pay their workers a living wage. Costco employees are paid roughly $20 an hour which in totals, is around $45,000 a year, while Walmart employees are only paid about $17,500. Thus concludes that the problem of underpaid workers is not a result of insufficient funds, but a mere result of a company bleeding their workers dry in the efforts to increase their very own profitable gains. “The idea that we have to choose between paying workers well and having successful businesses is just false. That choice only exists when the owners insist on squeezing billions out of their workers” (The Daily Take Team

While these citizen protests and legislative actions could be an overreaction to a few isolated cases of executive compensation excess, the data suggests otherwise. According to the AFL-CIO (2013), executive pay has increased dramatically over the past several decades compared to worker compensation. In 1982, the pay ratio between executives and workers was 42:1, but by 2012 it had increased to 354:1. This 8.4-fold differential in compensation suggests that the productivity of executives has also increased 8.4-fold relative to productivity of workers. If executive pay is positively correlated with a firm's bottom line, then higher pay should predict success. Unfortunately, researchers have found the opposite to be true.

I believe that CEOs should be compensated based off of their qualifications. Many CEO's possess both the educational and professional experience credentials to command significant salaries. In comparison to most middle level managers and employees, they are also paid according to their education and experience.

This report explores the issue of the pay that top executives make, and the reasons why they do. It also suggests improvements that can be made to make the system better. High Pay Seems Small When Compared To Company Profits Many companies pull in profits that are extremely high. When an employee of such a companies salary is compared to the amount of profit that the company earns, it starts to seem reasonable. It only makes sense that if the employee is directly responsible for the success of their company, then they deserve to get their payback. It seems ironic, but many salaries even look small once compared with a companies profits. Top Executives Are Under A Lot Of Pressure Being the CEO of a

Are America's CEOs paid more than they deserve? Many people's answer is a vehement: Yes. That view is reinforced anew every spring, when companies file their financial statements and we learn how much CEOs were paid last year.

* The more money that managers make in wages and benefits, the less stockholders see in bottom-line net income. Stockholders obviously want the best managers for the job, but they don’t want to pay any more than they have to. In many corporations, top-level managers, for all practical purposes, set their own salaries and compensation packages.

Management is usually the people that hold the business together. Whether it is making schedules, making sure the books are right or even helping out when needed, management is an important aspect of every business. According to Web Finance (2014), “Management is the organization

In today’s ever changing economy, society’s idea of management is becoming increasingly more difficult to sustain with the continuous demands of the position. A successful manager must have a certain level of expertise and problem solving techniques to carry out the daily tasks required. Over the years, there have been various ideas on what management is, such as planning, organizing, leading and controlling.