Please read the articles in the â€œReading and Resourcesâ€ section above on executive compensation and take a position on whether U.S. senior executives are overpaid or not, and briefly present your case. Provide examples from the course or external sources to support your position.
Labor Union Report. (2011, September). How unions kill jobs: The union tax.
- This article highlights the costs of unionization to our country, our business and our jobs â€“ from an obvious employerâ€™s perspective.
Eduardo Porter, E. (2012, July). Unionsâ€™ past may hold key to their future. The New York Times.
- This New York Times article briefly describes the current state of unionization in the U.S. and speculates on its future.
Garuth, D. L., & Handogten-Garuth, G. D. (2002, July). Fundamentals of international compensation. Winston J. Brill & Associates.
- The authors of this article list and describe the various elements of compensation and benefits generally provided to U.S. citizens assigned to job positions internationally.
Use the following resources to assist you with your response for Unit 7.1 DB: Executive Compensation.
- Clifford, Steve (2017, June) ; How Companies Actually Decide What to Pay CEOs; The Atlantic Magazine
- How companies arrive at the “right” level of pay for CEOs.
- Miller, S. (2013, July). Most CEOâ€™s are not overpaid, study suggests. Society of Human Resources Management.
- According to this article, U.S. CEOs earned total compensation of $360,000, including benefits, perks and equity gains in 2012, according to the new CEO and Senior Executive Compensation in Private Companies Report by Chief Executive Group.
| Watch Video Getting Executive Pay Right
YouTube URL: http://www.youtube.com/watch?v=eKFGSIiATl0
| Watch Video What do Executives Think About Compensation?
YouTube URL: http://www.youtube.com/watch?v=0UhCJuBhf9c
|In this video Marc Ullman, leader of Towers Watson’s Executive Compensation practice in New York, discusses the key challenges companies face in designing effective executive pay programs and why the proper alignment between pay and performance is often anything but straightforward.|