Normative theories of ethical behavior

Assignment Help Business Economics
Reference no: EM133185216

In this discussion you will answer questions related to the following case study, European Approaches to the Gender Pay Gap. Read the case study then answer the questions below.

Case Study - European Approaches to the Gender Pay GapThe policies of other nations can offer some insight into how to address pay inequality. Iceland, for example, has consistently been at the top of the world rankings for workplace gender equality in the World Economic Forum survey.30 A new Icelandic law went into effect on January 1, 2018, that makes it illegal to pay men more than women, gauged not by specific job category, but rather in all jobs collectively at any employer with twenty-five or more employees, a concept known as an aggregate salary data approach.31 The burden of proof is on employers to show that men and women are paid equally or they face a fine. The ultimate goal is to eliminate all pay inequities in Iceland by the year 2022. The United Kingdom has taken a first step toward addressing this issue by mandating pay transparency, which requires employers with 250 workers or more to publish details on the gaps in average pay between their male and female employees.32Policies not directly linked to salary can help as well. German children have a legal right to a place in kindergarten from the age of three years, which has allowed one-third of mothers who could not otherwise afford nursery school or kindergarten to join the workforce.33 In the United Kingdom, the government offers up to thirty hours weekly of free care for three- and four-year-old children to help mothers get back in the workforce. Laws such as these allow women, who are often the primary caregivers in a household, to experience fewer interruptions in their careers, a factor often blamed for the wage gap in the United States.The World Economic Forum reports that about 65 percent of all Organization for Economic Cooperation and Development (OECD) countries have introduced new policies on pay equality, including requiring many employers to publish calculations every year showing the gender pay gap.34 Steps such as the collection and reporting of aggregate salary data, or some form of early education or subsidized childcare, are positive steps toward eventually achieving the goal of wage equality.

Discussion Questions

1. Which of these policies do you think would be the most likely to be implemented in the United States and why?

2. How would each of the normative theories of ethical behavior (virtue ethics, utilitarianism, deontology, and justice theory) view this issue and these proposed solutions?

Reference no: EM133185216

Questions Cloud

Forces of supply and demand : Classical economists believe that prices and quantities adjust to the changes in the forces of supply and demand
Inflation and recession or deflation : Identify the causes of both inflation and recession or deflation. Identify the ways inflation and deflation can damage the economy and the society
Consider relevant costs : Explain a situation you have observed (or read about) in which a firm made a decision considering irrelevant costs or did not consider relevant costs.
Explain why pricing and production are extent decisions : Explain why pricing and production are extent decisions and not decisions that should be tackled with break-even analysis.
Normative theories of ethical behavior : How would each of normative theories of ethical behavior (virtue ethics, utilitarianism, deontology, and justice theory) view issue and these proposed solution
Analyze how the economic concentration : Analyze how the economic concentration in the area you chose was influenced by competition and pricing.
What are the tools of fiscal policy : What are the tools of fiscal policy? Discuss the impact of expansionary fiscal policy and specifically the fiscal policies
Different kinds of marketing strategies : What are some cultural, political, and economic challenges of working in environment? What different kinds of marketing strategies could the bank use overseas?
Financial laws and regulations : What are five elements pertaining to the establishment of a false claim under the False Claims Act?

Reviews

Write a Review

Business Economics Questions & Answers

  Two possible systems are being considered-gamma and elite

Draw an in?uence diagram for the following problem: Hatton’s mail order company is planning to install a new computer system next year. Two possible systems are being considered: The Gamma II and the Elite.

  Find the indirect utility function for united airlines

Suppose pg = $25 million and pr = $20 million. What is United's maximized utility? How many GE engines do they purchase?

  Describe some of the issues that you found interesting

In a few sentences, describe some of the issues that you found interesting. Discuss how you learned to deal with these issues in your labs

  Define competitive equilibrium in economy

Consider a static (one-period), closed economy with one representative consumer, one representative firm, and a government. The level of capital K and government expenditures G in the economy are both fixed exogenously. Formally define a competitive ..

  Discount rate for npv calculations

A corporation's policy manual states: "Our company's policy is to use 12%, which is our cost of capital, as the discount rate for NPV calculations

  Current issues in pattern law

Discuss the propriety of entities that acquire and assert patents but make no product. You discover a specific human gene that determines male pattern baldness. Explain what it means to say that you can patent this gene.

  Drug dealers and raises the costs of dealing illegal drugs

If the government tightens up on drug dealers and raises the costs of dealing illegal drugs, then the drug addicts' dollar expenditures to feed their addiction will tend to:

  Costs to the bank of poor liquidity management

Describe the objectives involved in the management of a bank's overall liquidity position and the costs to the bank of poor liquidity management. In your discussion, identify the major sources of demand on a bank's liquidity position, including reser..

  Decrease in income taxes would be expected

All else equal, a decrease in income taxes would be expected to

  Briefly explain regulation in the case of a natural monopoly

Briefly explain regulation in the case of a natural monopoly. Provide 3 common examples of regulation. Briefly discuss the benefits of privatization set out in the text and explain what is required for privatization of a nationalized asset in order t..

  Understand an economic passage

This question will measure your ability to understand an economic passage and put it into quantitative work. Hence, please read carefully

  Provide a cost-benefit analysis for a company

Provide a cost-benefit analysis for a company that has to decide whether to hire more staff or hire temporary workers to meet production schedules.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd