Salary

Labor Market Question - 1 What economic principle justifies the high salaries of some professional athletes? Suppose the manager of a baseball team wants to hire a new pitcher for $4 million per year. Under what circumstances would it make sense for the team to do so? -The manager of a baseball team can hire a new pitcher for $4 million per year only if the team is doing well and earning so much that can afford the salary of new pitcher or team having many funds. Not a lot of individuals…

the managers of the only Canadian basketball team in the NBA. That problem is what to offer Greg Stiemsma, the senior most center player currently playing for the Raptors, as an annual salary so that he signs with the Raptors for the upcoming season. Salaries in the NBA are restricted by the CBA by means of a salary cap system that works in…

concerns about the annual salary rate for the Office Manager’s position. With 14 years in the same position as an office manager, employee’s current annual rate is $56,100. The CEO retained our firm to ensure that the salary rate of the employee is based on the evaluation of the rates across the South Chicago area. The current job description was…

update section 13(a)(1) exemption's salary level requirement which is unchanged since 2004. As mentioned above, the current salary level for exemption is $455 per week, or $23,660 annually. The Department wants to set the standard salary level at the 40th percentile of weekly earnings for full-time salaried workers which is about $970 a week or $50,440 a year. They are deciding “whether to allow nondiscretionary bonuses to satisfy some portion of the standard test salary requirement” .…

Jillian Salary: $60,000 Justification: In Aristotle’s eyes, Jillian’s relevant differences would be her experience as a UCP officer for a year, and for work performance, her outside work beneficial to law enforcement for 12 years (studying crime trends, crime mapping, and crime prevention). If Aristotle were distributing the $250,000 among the 5 officers, he would divide it evenly into $50,000 per officer, because Aristotle would assume at first that all the officers are equal. However,…

professional athletes get paid too much” and “Pro athletes salaries are not overly exorbitant”. They talk about the salaries of pro athletes. In the first article “Do professional athletes get paid too much.” They talk about how the salaries of pro athletes are to much. The article talks about how sports are for entertainment and Pro Athletes don’t deserve the millions of money they get by playing a sport. While in the second article “Pro athletes salaries are not overly exorbitant” in this…

Gender Inequity Circulated from Female and Male Athletes Salaries Throughout America, the stereotype females are faced with in sports is that men can outperform them in almost any sport, therefore, resulting in women to receive less pay in salary. Gender inequity, which is the unequal treatment of individuals based off their gender, has been around for centuries. It has been an issue in a variety of topics and a major problem in sports salaries. Due to the gender inequity in sports history…

(Becoming a defense attorney: Salary information & Job description, n.d.). They are normally court-appointed defense attorney. Besides being hired by private clients or work as public defender, they can work with non-profit organization as well. This is where they can help clients in reducing their fees (Becoming a defense attorney: Salary information & Job description, n.d.). Criminal defense attorneys have an option to work in business field too such as insurance…

correctional officers and salary decrease from those who work at public facilities, the overall cost reduction would not be significantly enough. According to the CCA annual report operating expenses, private prisons spend more than twice as much on fixed charges of the prison these include costs of the buildings, lights, contracts and more. The total amount spend on fixed charges per man day in 2015 was $37.53. Rather than variable charges which include meals, salaries of officers and other…

Plenty of people argue that it is unfair student athletes do not receive a salary with all of the hard work and dedication they put into the sports that they play for universities. However, these same people do not understand the reason these student athletes do not get paid to begin with. Allen Sanderson and John Siegfried explain that if college athletes received pay, there would be “general labor laws” that would not allow these athletes to practice and work as hard as they do today. These…