American Executives Compensation It is vital that the American population and her workforce understand why many of its U.S. executives are compensated with high salaries and stock options. This will allow an educated decision on why or why not executives should be compensated at a robust level. “It is clear that where once companies such as Ben and Jerry’s and Whole Foods Market were outliers in trying to limit CEO pay, more emphasis today is being focused on examining what executives are making whether it is tied to company performance in some way, and whether there should be some upper limit on executive compensation” (Collett Miles & Miles, 2013, p. 78-79).
High Compensation Unfortuntly, there is a shortage of highly experienced leaders …show more content…
The idea that lowering the compensations of U.S. executives will allow the workforce to be on a level playing field and create a friendlier work environment. Collett Miles & Miles (2013a) found that “companies that are viewed as being good corporate social performers will have a lower rate of executive compensation than will those who are not rated as good corporate social performers” (p.86). One could also argue that executives should not be compensated at a robust level since, “there is not a definitive relationship between executive pay and company performance” (Collett Miles & Miles, 2013b, p. …show more content…
In order to reduce friction between the American population and the executives, executives should utilize 1 John 4:8 New International Version (NIV) which states “Whoever does not love does not know God, because God is love.” Meaning, that is vital that if an executive is compensated at a high level that they spread God’s grace, love and not becomes greedy. Furthermore, “if employees new that the executive team was sharing the financial struggles and profits of the company, there would likely be less acrimony during the hard times” (Fischer, (n.d.)). Additionally, it is significant for organizations to educate and explain to their employees why their executives are being compensated at their current levels. Ideally, this will increase employees’ production and motivation to one day be an experienced executive leader. Finally, it is vital that the American population and her work force understand that it is ultimately up to organizations to pay individuals what they believe is their value. It is significant for executives to ensure that their entire organization is properly compensated for each employee’s roles, responsibilities, and the entire organizations and producing a high-quality
High Compensation Unfortuntly, there is a shortage of highly experienced leaders …show more content…
The idea that lowering the compensations of U.S. executives will allow the workforce to be on a level playing field and create a friendlier work environment. Collett Miles & Miles (2013a) found that “companies that are viewed as being good corporate social performers will have a lower rate of executive compensation than will those who are not rated as good corporate social performers” (p.86). One could also argue that executives should not be compensated at a robust level since, “there is not a definitive relationship between executive pay and company performance” (Collett Miles & Miles, 2013b, p. …show more content…
In order to reduce friction between the American population and the executives, executives should utilize 1 John 4:8 New International Version (NIV) which states “Whoever does not love does not know God, because God is love.” Meaning, that is vital that if an executive is compensated at a high level that they spread God’s grace, love and not becomes greedy. Furthermore, “if employees new that the executive team was sharing the financial struggles and profits of the company, there would likely be less acrimony during the hard times” (Fischer, (n.d.)). Additionally, it is significant for organizations to educate and explain to their employees why their executives are being compensated at their current levels. Ideally, this will increase employees’ production and motivation to one day be an experienced executive leader. Finally, it is vital that the American population and her work force understand that it is ultimately up to organizations to pay individuals what they believe is their value. It is significant for executives to ensure that their entire organization is properly compensated for each employee’s roles, responsibilities, and the entire organizations and producing a high-quality