Corporate executive pay needs to be reconsidered. Proponents of corporate greed will claim all sorts of outlandish reasons why their mansion on the Riviera is benefitting the worker making $7 per hour in the fields. Companies will even use spurious research methods to justify corporate executive pay. The Institute for Policy Studies and the Center for Corporate Policy (2007) notes that "amounts for restricted stock, pension benefits, deferred compensation, and severance pay" are rarely factored into the evaluations of corporate executive pay to make it look like chief executives are not making as much as they actually are. Hiding money, misreporting money, and misreporting data are just a few of the ways corporate America is ruining America. It is high time the people of the United States took back their nation from the greedy corporate executives. A score of executives are laughing all the way to the bank while millions of Americans can barely afford to see a movie after their rent and food bills have been paid.
References
AFL-CIO (2011). 2011 Executive Paywatch. Retrieved online: http://www.aflcio.org/corporatewatch/paywatch/
DeCarlo, S. & Zajac, B. (2009). CEO Compensation. Forbes. Retrieved online: http://www.forbes.com/2009/04/22/executive-pay-ceo-leadership-compensation-best-boss-09-ceo_land.html
Domhoff, G.W. (2005). Welath, income, and power. Who Rules America. Retrieved online: http://sociology.ucsc.edu/whorulesamerica/power/wealth.html
Institute for Policy Studies and the Center for Corporate Policy (2007). CEO Pay Reform: A Point/Counterpoint.
Johnston, D.C. (2007). Income Gap Is Widening, Data Shows. New York Times. 29 Mar 2007. Retrieved online: http://www.nytimes.com/2007/03/29/business/29tax.html
Noah, T. (2010). The United States of Inequality. Slate. Retrieved online: http://www.slate.com/id/2266025/entry/2266026
Werdiger, J. (2011). BP Denies Bonus for Chief, Citing Oil Spill. Dealbook. Retrieved online: http://dealbook.nytimes.com/2011/03/03/bp-denies-bonus-for-chief-citing-oil-spill/
Pay Equity As American business enters the 21st century the issue of unequal pay for equal work continues. The course of attaining the objectives of just wages for all workers by eradicating the wage disparities between men and women workers is known as pay equity. It necessitates that the unequal jobs of comparatively same value to the employer is to be given the equal wages. Pay equity is considered to be a
2007 Economic Crisis on American Car market Effect of the 2008 global economic crisis on automotive industries Crisis in the United States Crisis in Canada Crisis in Russia Crisis in European markets Crisis in Asian markets Effects by other related crisis events In this paper, we will review the effects of 2008 global automotive crisis. Our main focus will be on the American car manufacturers and the negative impact they suffered due to the crisis. We will
Future of the Latin American Music Recording Industry A recent television commercial for the Honda motor cars complete the dialogue of features and benefits of new products with three words from the product spokesperson. "This changed everything" is uttered in astounded disbelief as the person discovers that the new products and services are a breakthrough in the particular product line. The same astonished statement must be applied to the music industry,
Broadbanding: Compensation of a "Different Color" In a 1997 survey reported by the American Federation of State, County and Municipal Employees, more than two-thirds of state government personnel managers indicated they "would like to change their state's salary and classification systems" (http://www.afscme.org/wrkplace/cbr2971.htm). They believed that their governments had far too many job titles, far too few people filling each title, and outmoded salary systems (some over two decades old). But what
43 in 2009. Yet current airframe and power plant mechanics are inclined to move to the computer and automotive sector for better work environment. Analysts advised the creation and use of informational recruiting tools to attract these potential workers. in-house training programs on long-term career growth and a sense of commitment to the company would be one form. Another could be employee-retention programs on leadership, technical, and management training courses.
Between 1907 and 1926, the unions made four separate attempts to secure uniform working rules, with great progress made during the period of federal control and operation from 1918 to 1920, during World War I. Over that time, wages and rules were established on a national basis, and though many of the pay rates and working condition rules were not renewed once government control ended, a precedent had been
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now