UNDERSTAND BUS CONNECT ACCESS ONLY
13th Edition
ISBN: 9781266724428
Author: Nickels
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 12, Problem 5TP
Summary Introduction
To discuss: The difference in the pay given to top executives in US Country with the top executives in other countries.
Introduction: Top executives in an organization are the individuals that hold the most responsibilities of all the business actions. The different titles of top executives in an organization are the chairman of the company, its directors, president and officers.
Expert Solution & Answer
Answer to Problem 5TP
The top executives in US Country can be differentiated with the top executives in other countries on the basis of the fraction of money or premium paid to the executives in US Country as compared to the other countries.
Explanation of Solution
The pay of the top level executive in US Country is far greater than the pay given to the top executives in other countries of the world. For example, the Chief Executive officer (CEO) in E Country can earn only a 40% fraction of the total pay given to the top level executive in the US Country counterparts.
- The range of pay of executives is far above is the pay given to the top executives in US Country.
- The risk lovers in US Country are paid more to take the risk associated with the investments make in securities.
- Moreover, the top level executives in US Country receive higher pay than the executives in other countries in the form of stocks as well as options.
Conclusion
Therefore, the pay of top executives in US Country can be compared to the top executives in other countries of the world, as the pay of executives in US Country is much greater than the pay of executives in other countries of the world.
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
How useful is the human capital theory in contemporary times?
How do wages of employees depend on years of experience, years of education, and gender?
Why is it important to have policies for the promotion and pay of an employee?
Chapter 12 Solutions
UNDERSTAND BUS CONNECT ACCESS ONLY
Ch. 12.1 - Prob. 12.1AQCh. 12.4 - Prob. 12.4AQCh. 12.4 - Prob. 12.4BQCh. 12.4 - Prob. 1MEDCh. 12.4 - Prob. 1TPCh. 12.4 - Prob. 2TPCh. 12.4 - Prob. 3TPCh. 12.4 - Prob. 4TPCh. 12.5 - Prob. 12.5AQCh. 12.5 - Prob. 12.5BQ
Ch. 12.5 - Prob. 12.5CQCh. 12 - Prob. 5TPCh. 12 - Prob. 6TPCh. 12 - Prob. 7TPCh. 12 - Prob. 8TPCh. 12 - Prob. 1CECh. 12 - Prob. 2CECh. 12 - Prob. 3CECh. 12 - Prob. 1CTCh. 12 - Prob. 2CTCh. 12 - Prob. 3CTCh. 12 - Prob. 1DCSCh. 12 - Prob. 2DCSCh. 12 - Prob. 3DCSCh. 12 - Prob. 4DCSCh. 12 - Prob. 5DCSCh. 12 - Prob. 1PPTCh. 12 - Prob. 1VCCh. 12 - Prob. 2VCCh. 12 - Prob. 3VC
Knowledge Booster
Similar questions
- How does Human capital theory explain gender differences in wages?arrow_forwardWhat benefits are mandated by law ? What are the most common benefits not mandated by law? What are the purposes of employee benefit programs?arrow_forwardHow can you ensure the satisfaction of employees given the compensation and benefits provided by any organization?arrow_forward
- Why companies use executive compensation?arrow_forwardwhat type of compenstaion philosophy does dietary aides use? such as reward, market pay, or entitlement compensation discuss one postive consequence and one negative consequence of the compensation philosophy?arrow_forwardWhat are some legal issues related to the benefits program for part-time employees?arrow_forward
- Talk about Workers’ compensation and unemployment.arrow_forwardHow can employees maximize job performance in order to increase work compensation?arrow_forwardExecutive compensation has recently been a source of controversy in the Caribbean region. Research regional companies that have been cited and discuss them.arrow_forward
- Do incentive pay systems improve job performance?arrow_forwardWhat are the legally required and discretionary benefit programs important and why are they a great incentive to recruit, motivate and retain their employees?arrow_forwardPlease see rubric for guidance in order to maximize grades. After Units 1 & 2 Using your understanding of the IR framework list and explain the 3 perspectives of IR, providing one pro and one con for each perspective. Discuss one role each of the key stakeholders in association with employment relations in the Caribbeanarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON