1.Deliver a clear and concise argument for or against the widening gap between the compensation received by chief executives and the average employee.
Instructions: Review the following videos:
1. Bloomberg Stor: Average CEO Pay vs. Worker Pay: 204 to 1
2. PBS News Hour:In a Weak Economy, Why Is CEO Pay on the Rise?
3. W@W Shift in :Executive Pay Executive Compensation Design: The Shift in Balance
Additionally, read these 2 recent articles on the current state of executive compensation.
https://blogs.wsj.com/cfo/2014/08/26/companies-say-no-way-to-say-on-pa/
https://www.huffingtonpost.com/2015/04/06/senate-democrats-are-gett_n_7012126.html
Draft a 500-word paper that clearly communicate YOUR thoughts and opinions on the controversy surrounding executive compensation. That is, is it too high, too low, just right, do we have proper controls, etc. Finally, how do you think Say on Pay will impact executive compensation over the long term?