After reviewing the Coleman (2016) article on executive compensation and reading this week’s assigned readings, choose one of two statements below and construct an argument supporting your position:
- The market trend towards escalating executive compensation reflects the critical importance of an executive to an organizationâ€™s long-term viability.
- The growing compensation inequity between executive management and the average employee threatens to destabilize organizational morale and societal justice.
Benefit Packages in a Global Business Environment
Todayâ€™s globally competitive business environment has caused many U.S. businesses to reduce the value of their employee benefit packages. Examine how an organization can maintain its costly benefit structure while remaining competitive against countries whose companies do not offer such benefits.
Here is the Book:
Weathington, B. L. & Weathington, J. G. (2016).Compensation and benefits: Aligning rewards with strategy