DISCUSSION. Compensation and Benefits. Management Essay (Essay Sample)
A 2-3 page white paper on any one of the topics below. Paper should be double spaced and follow APA citation rules as applicable. For all topics, support your answer.
Compensation and Benefits – Are American CEOs overpaid?
Yes. American CEOs are overpaid. A typical CEO from one of the top American corporations now earns about $18.9 million a year. Whereas there are cases of overpayment, the determinants of CEO pay are not new and they are not influenced by corruption. Today, most CEO between 50 and 100 times a normal worker. In America, the work pay ratio of a CEO is 350:1 (Lawrence &Julia, 2019). In this, it is rational to ask whether these CEOs are worth it. Are they overpaid? For any company to perform well, it is a result of collective efforts. Leaders are always important but the more senior they are, the more individuals they will impact. For example, a CEO can shape the culture of an organization.
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