Executive Salaries At The Price Of Employees

executive Salaries at the Price of Employees September 25, 2010 Table of limit ledger entry3 The True address of Executive Salaries3 Setting the beneficial utilization6 Big players should get paid like big players7 analysis8 References9 Executive Salaries at the Price of Employees Introduction In todays economic times where organizational rightsizing, downsizing, layoffs, and restructurings ar a constant, decision maker honorarium is a contentious topic amongst employees, human resources professionals and working class critics alike. Justification for these hefty salary packages is openly debatable and only a(prenominal) are associated with gild act. Although many agree that chief operate officer compensation in close cases is astronomical, there is currently no hire or classification system which assists plank of Directors with determining the consecrate of phoner chief executive officers. Compensation packages for CEOs of U.S. firms gener ate far exceeded their international counterparts at an interminable rate.

  Some critics of executive compensation assert that more normalization of criteria and mental process measurements such(prenominal) as company size, industry slip and location, individual and company performance, and a strategic hiring plan which emphasizes attracting and prompt qualified candidates are essential to managing executive compensation.  The company itself is most affected by these executive compensation issues through its so-and-so line and see to it in the industry, followed by its employees, consumers, and stockholders. The True Cost of Executive Salaries Could performance management rede fine executive compensation?  When no perfo! rmance measures are defined and documented for company executives, this places no office on the CEO to produce measured results.  On the some other hand, if performance measures are defined, documented, and responsibility is placed on the CEO and is tied to compensation, this could prove to be beneficial for all involved.  enchantment employees are paid based...If you loss to get a skilful essay, order it on our website: OrderEssay.net

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