The differential between the salary of top executives and the lowest paid workers in the same country is quite small in Japan, at least in comparison to the United States. The same is true in unions (president of union versus union workers). Explain why the differential might be small in Japan and in U.S. unions but much larger in private U.S. corporations.
Answer to relevant QuestionsHow do differing perspectives affect our views of compensation? Romance Novels, Inc, located in Cheektowaga, NY, has gradually increased the number of contingent workers (full-time, temporary) from 10 percent of the workforce to about 28 percent today. Why might they do this? Also, what ...If merit pay is supposed to increase individual equity and unions are very concerned about equity, why do unions frequently oppose merit pay for their membership? 1. Think back to our discussion in Chapter 7 and in the current chapter regarding the labor cost difference between employing programmers in the United States versus overseas in locations like India and Eastern Europe. Is ...1. Is this company running afoul of the Fair Labor Standards Act (FLSA)? Refer back to the discussion earlier in this chapter. Would this company be able to document that the store managers are exempt from the FLSA (not to ...
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