Comparable worth, also known as pay equity, is "a reform effort to pay different job titles the same based on their value to their employer regardless of the gender predominance of those working in such titles" ("What is Pay"). The motivation behind this reform is the inequity found between women's salaries and men's salaries. The process takes the somewhat subjective process of establishing compensation rates and transforms it into an objective, quantitative process. However, as Charles Cooper explained, there are several challenges to this process, the primary one being the destruction of free market forces in the process. As a private, for-profit hospital, Twin Oaks must not only watch their bottom line, but also remain competitive in the marketplace.
Tentative Solution:
The tentative solution Twin Oaks should consider is giving the five percent pay raise, but not agree to the comparable...
solution for Twin Oaks Hospital John Smith Director Twin Oaks Memorial Hospital Dear Mr. Smith, I'm writing as a reply to the Board of Overseers on the issues raised in the last Board Meeting: unionization of personnel, increase of salaries and shortage of janitors. After a complete analysis, the results show that fighting against the unionization would have harmful effects on the overall functioning of the hospital; salaries cannot be increased yet compensation on
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There is also a question of costly salary increases in general, even if the comparable worth system is fairer. This fairness may cost the business extra in needless salary costs, when the employees would be unlikely to look for jobs elsewhere, given that they could not do so for more pay. A private company has a responsibility to make money for its shareholders, and a hospital has a responsibility
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