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I feel that the treatment of executives is not fair compared to employees of lesser ranks because the responsibility of executives, who include structures, CEOs, presidents, and executive vice-presidents, is more substantial than that of employees of lesser ranks (Martocchio, 2014). In addition to a base salary, compensation an executive may receive includes bonuses, long-term incentives, and other benefits, which has dramatically increased over the years. Because of the increase, there have been concerns over the pay equity and ethics. One concern may be that these highly compensated employees may be making business decisions that benefit themselves rather than the organization as a whole in order to receive incentive pay (Simmering, 2018). I feel that as the pay gap between lower and higher levels of company continues to increase, it is apparent that CEOs are overcompensated while the lower wage workers are struggling, living paycheck to paycheck begging for raises. In order to be a little more fair and less greedy, lower wage workers should be able to receive some type of bonus or pay incentive as well. Obviously, they will never receive close compensation to a CEO; however, a CEO doesn’t need to give themselves bonuses equating to 140+% of their salaries (Simmering, 2018) when the low wage worker is probably working twice or more as hard.
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