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Executive Pay Essay

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Ayemere Oiyemhonlan Professor Basile English 201 March 31, 2017 Research Paper In any job there’s a pay scale from entry level positions to managers and to the highest executives. Many people assume that we are just paid flat out based on our position; where in some cases, not all, this is very true. This paper will focus on the question “Why do executives receive such high compensation and how it affects the common worker”. In corporate America bonuses and compensation differentiate much of the working force and the compensation policy is an important factor in an organization’s success. Not only does it shape how top executives behave, but it also helps determine what kinds of executives that organization attracts. This is what makes the …show more content…

The SEC is an independent federal agency, founded by Franklin D. Roosevelt, who founded this agency to protect investors from illegal, dangerous practices, that could lead to fraud. Former Vice President Joe Biden, former Secretary of State Hillary Clinton, and Vermont Senator Bernie Sanders are three names that have recently found themselves in the spotlight debating this issue. Biden went so far to even claim Clinton wouldn’t be able to effectively back the issue of economic inequality. This was also piggybacked by the republican candidate Donald Trump who accused Hillary of being a part of the one percent of America and aiding in the increased pay for these big CEOs and corporations. The irony to this statement is that Trump is a well-known global business executive, to the point that Trump Towers is based in Manhattan, New York. Government regulation has even been considered but it is a tough proposition in our democratic system. A great example is the common debate over minimum wage. Politicians typically make two suggestions for pay reform. First, to cap, or at least force the disclosure of, the pay ratio between CEOs and the median employee pay. Second, to put pay packages to an employee vote, or put workers on

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-Samantha RN References Delves, D. (2011, February 11). Is Incentive Compensation a True Motivator? Retrieved July 24, 2015, from http://www.forbes.com/sites/donalddelves/2011/02/16/is-incentive- compensation-a-true-motivator/ Kinicki, A., & Fugate, M. (2016). Organizational Behavior: A Practical, Problem-Solving Approach. New York: McGraw-Hill Education.

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