For many people, today's pay issues have become synonymous with ethics issues. In this course you have seen the link between business needs and individual needs. You have looked at the broad range of salaries and labor costs as a percentage of budgets.
Where is the ethical bottom line in compensation policy? Propose an ethical standard or statement to your peers as a model for any company. Try to build consensus on what language best reflects the ethical standard for paying employees today. Do not limit your discussion to the United States, especially considering the global nature of our economy.