Determining a general proposed solution to inequity in pay


Assignment:

Read the Unit 6 Team Assignment Scenario:

Scenario (fictional):

Artificial Intelligence Medical (i.e., AIM) Inc. is a very profitable new company. Although it has only been in business for 2 years, it has already doubled the size of its workforce and quadrupled its profits. The CEO/founder has stepped aside recently in favor of a new CEO in the wake of employees' frustration and social media messages about the benefits inequity and lack of motivation for teams at the company. The new CEO wants to change the way executive salaries are determined and find ways to motivate the project teams. The project teams typically are assigned to an artificial intelligence product, such as a robot that performs routine surgeries or diagnostic software used by different medical units of a hospital for patient diagnosis.

The new CEO has tasked your team of employees with determining a general proposed solution to the inequity in pay at the company and to address the lack of motivation for the 125 technicians and medical staff that work in project teams of 25 employees each. Each technician or staff member receives a salary of $45,000 per year, while the CEO and vice presidents (VPs) receive $500,000 per year (the CEO also holds 10% of the company stock), and the managers receive $65,000 per year. There are: a CEO, 2 VPs (manufacturing and finance), a marketing manager, a sales/customer service manager, and a technical support manager.

Access the learning activities and readings to assist the team in addressing the checklist items.

Checklist: After identifying the team letter/number and members on the title slide:

• Describe the tasks necessary to realize a successful response to the new CEO, allocating tasks for each member.

• Explain how each of you, as a team member, contributed to the team success to address the CEO's concerns

• Have the assigned team member submit the team PowerPoint presentation in a minimum of 3slides using 24-point font and correct spelling and grammar, to the Unit 6 Assignment Dropbox. The presentation should be titled Team X_Unit 6 Assignment (insert assigned team letter in place of X) and each slide should have no more than five bulleted points.

• Have the assigned team member submit the team PowerPoint presentation as either:

1. an audio presentation and speaker notes below each slide or

2. a presentation without audio but with speaker notes below each slide.

Explanations of the bulleted points should be placed below each slide in the notes section. If you submit an audio presentation, the bulleted points should be explained in the audio and notes and be audible, intelligible, and professional.

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Business Law and Ethics: Determining a general proposed solution to inequity in pay
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