How does equity theory explain the anger some employees feel about the compensation packages their company CEOs receive?
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How does equity theory explain the anger some employees feel about the compensation packages their company CEOs receive?
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- Which component of compensation is most essential to motivate executives to lead companies toward competitive advantage? Discuss your rationale. Discuss your position on executive compensation. Is executive compensation excessive or appropriate?What could be the best cash compensation plan that would be fair to both management and employees, granting periodic raise in the salary or by granting them bonuses? Why?Which component of compensation is most essential to motivate executives to lead companies toward competitive advantage?
- Which component of compensation is most essential to motivate executives to lead companies toward competitive advantage? Discuss your rational Discuss your position on executive compensation. Is executive compensation excessive or appropriate?Are employees more likely to favor defined contribution plans over defined benefit plans? How about employers?How you would justify a large compensation package for a new CEO?
- Design an executive compensation package that motivates executives to make decisions that are in the firm’s best interests.Are employees more likely to favor defined contribution plans over defined benefit plans? What about employers? Explain your answer.Compensation is one of the most important costs in organizations. Employees exchange their contributions for a set of outcomes, of which compensation is one of the most significant one. On one hand money is considered to be one of the key mechanisms that can be used to attract, retain and motivate competent employees to perform in ways that support organizational objectives. More often than not, a person’s earnings also serve as an indicator of power and prestige and are tied to feelings of self-worth. In other words, compensation affects a person economically, sociologically, and physiologically. On the other hand a telling fact is that money never satisfies and even large sums of it may fail to confer wellbeing. The failure is less due to a glitch in the program than due to the inadequacy of psychological assumptions that ground all such plans. As people move up the economic ladder, most almost immediately stop feeling grateful for their elevated circumstances and focus on what they…
- Compensation is the only reason people work. Is this statement true or false?Do you believe family-friendly benefits, flexible schedules, and child care services creates conditions under which employees without children are treated less generously than those who are eligible because they have children? If so, why? If not, why?Why Equity theory is most relevant to pay as an outcome?