Case Analysis – An Ethical Dilemma Jerald D. Peet Saint Leo University
AN ETHICAL DILEMMA 2
Salary Matrix
Salaries are often developed and maintained using a salary grid or matrix which lists a range for each job title. This ensures an organization offers a competitive salary based on skills and experience and stays within financial guidelines to continue to grow profitability.
Education
Many organizations offer higher salaries for the same job if an employee obtains preferred or higher education. This encourages employees to pursue or continue education related to their responsibilities.
Experience
Salaries are often higher if the employee possesses specialized skills or many years of experience related to the job function. Experienced employees tend to perform the functions of the job more efficiently than an employee with lesser skills.
Performance
Most employers give their employees salary increases based on performance, which can contribute to salary differences for the same job title.
Ethical Issues
Once your company's morals are established, they will be reflected in your actions. From a legal standpoint, this can affect your hiring practices and employee treatment. For more ambiguous terms, such as honesty or integrity, you put these into practice through transparency with your customers and adherence to the morals your business claims to follow. In short, while morals affect your stance on certain issues, ethics dictate how you deal with them.
The Equal Pay Act
The EPA prohibits discrimination on the basis of sex in the payment of wages or