What accounts for differences in wages

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1. What accounts for differences in wages? Do you think there is such a thing as too high of a wage? Why or why not? To give you some context...What about these large salaries and bonuses being paid to CEO's and other executives of large firms like John Hammergren (McKesson Medical Supply $131.2 million and Ralph Lauren (Ralph Lauren) $66.7 million? What about athletes most notable is Detroit Lions' Matthew Stafford's $135 million 5 year contract signed last year works out to over $57 million per year and boxing's Floyd Mayweather over $275 million in 2017.

2. What are your thoughts about Labor Unions? Explain your point of view. Have you ever been or are you currently a member of a labor union? If so, how has this affected your outlook? Why do you think that unions are in such an unfavorable light nowdays? Do you think employees in the Public Sector (Police, Fire, Teachers, etc) should be able to unionize? inally, here in Michigan what do you think about the so-called "Right to Work" Law passed at the last minute by the State Legislature in 2012 which in effect allows workers of a unionized business the same rights (including wages and benefits) as the union members, but they do not have to be in the union, pay dues,

Reference no: EM132231061

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