Susie's Sweater Factory employs two managers for the factory. These managers work 12 hours per day at
Question:
Susie's Sweater Factory employs two managers for the factory. These managers work 12 hours per day at $16 per hour. After eight hours, they receive overtime pay. Management is trying to cut costs. They have decided to promote the managers to a salary position. The managers will be offered a daily salary of $200. Since they would be promoted to a salary position they will not receive over time. The company has required they accept the promotion or find employment elsewhere. Is it ethical for the company to offer the managers a salary position? Is it ethical to require the employee to accept the promotion? Should the managers accept the promotion?
Step by Step Answer:
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina