Questions On Employees At A Company - 2962 Words

Dettmer 8 EXCEUTIVE PAY IN A COMPANY Michelle Dettmer Thought Paper # 5 MGMT 453 Christopher Ellingson April 14, 2017 Working at a company there are many different departments that people are able to choose from when they apply for that job. If people had the experience or background knowledge in a certain department, they are more likely to be able to apply to jobs that are higher up in the company. In each company many departments offer different kinds of pay. Some people are ok with what they start out with and some people are upset about why they are not getting more. In a company there may be a lot of employees that work for this particular company that need to get payed, but before people start asking for a pay†¦show more content†¦If companies start noticing that people in top management are not doing what they are supposed to being doing they should correct right away before the company has a whole starts to be affected. [1: Joseph J. Martocchio, Strategic Compensation: A Human Resources Management Approach, (Hoboken, New Jersey: Pearson, 2015), 253.] [2: Ibid, 253. ] Each year brings alteration to companies. There has been some good and some bad alterations that have happen within a company. There is one thing that has been constantly alternating over the years and as the company keep moving into the future, there will always be a different outcome. â€Å"Over the last several decades, inflation-adjusted CEO compensation increased from $ 1.5 million in 1978 to $ 16.3 million in 2014, or 997 percent, a rise almost double in stock market growth†.[footnoteRef:3] People that are at the top in each company should really see that if this is how they want to run there company. Each company has a choice of how much people should get payed, it just depends on who is running the company. People that work in the top management of the company should look at lots of options and see if they can go over certain things that would help with paying people in the top management area of the company and the people that work within the company that are below t hem. â€Å"It can be especially embarrassing when the CEO doesn’t perform†.[footnoteRef:4] If people are wanting to be the head of their own company, they shouldShow MoreRelatedQuestions and Answers on Companies and Employees Essay1232 Words   |  5 Pagesto both the company and the new employee. From the company’s perspective it is vital that the employee integrates into the company successfully as the main aim of the company is to retain the new employee. By having a clear and concise induction process, this creates a professional first impression of the company and gives the employee a positive mindset and outlook. If a new employee is not retained this will cost the company both time and money. 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