Managers Should Be Paid More Than Regular Employees “Do You Agree with This Statement? Justify Your Answer in Scholarly Detail!!
Managers should be paid more than regular employees “do you agree with this statement? Justify your answer in scholarly detail!!
The importance of management to an organization cannot be over emphasized, management provide the reason why organization ever survive, the managers are the ones that influence all phases of modern organizations, they provide the organization with effective and competent workforce that makes organizations (Certo & Certo, 2012)
I will clearly state that managers should be paid more than regular employees in any organization that intends to survive the competitive nature of today’s business environment, the job of a manager is so intense that they do not even have the time for their private lives most times.
For an organization to grow in accordance with the prevailing industry standard they need to employ the services of a well groomed and effective manager, this is evidence from the fact that some of the best managed companies pay their CEO’s outstanding sums of money, it is noteworthy that Lawrence J Edison of Oracle was paid as much as $555.98m as compensation for 2009 (Certo & Certo, 2012) with this kind of compensation the CEO will bring to fore his powers to ensure that his company Oracle exceed their financial expectations.
I am not an advocate huge financial compensation for managers especially if it is not adequately tied to the organization’s financial performance, by “huge” I mean financial compensation that is above 20 times the compensation of an average worker, but the managers compensation should marginally be more than the regular employee’s, this gives the manager some intrinsic motivation of authority and ultimately encourages the manager to perform better.
It is important to also understand that managers transfers skills, knowledge and experience and is being looked upon to create value, hence the manager must figure out ways to work out this from the available resources of the organization that includes the regular
The importance of management to an organization cannot be over emphasized, management provide the reason why organization ever survive, the managers are the ones that influence all phases of modern organizations, they provide the organization with effective and competent workforce that makes organizations (Certo & Certo, 2012)
I will clearly state that managers should be paid more than regular employees in any organization that intends to survive the competitive nature of today’s business environment, the job of a manager is so intense that they do not even have the time for their private lives most times.
For an organization to grow in accordance with the prevailing industry standard they need to employ the services of a well groomed and effective manager, this is evidence from the fact that some of the best managed companies pay their CEO’s outstanding sums of money, it is noteworthy that Lawrence J Edison of Oracle was paid as much as $555.98m as compensation for 2009 (Certo & Certo, 2012) with this kind of compensation the CEO will bring to fore his powers to ensure that his company Oracle exceed their financial expectations.
I am not an advocate huge financial compensation for managers especially if it is not adequately tied to the organization’s financial performance, by “huge” I mean financial compensation that is above 20 times the compensation of an average worker, but the managers compensation should marginally be more than the regular employee’s, this gives the manager some intrinsic motivation of authority and ultimately encourages the manager to perform better.
It is important to also understand that managers transfers skills, knowledge and experience and is being looked upon to create value, hence the manager must figure out ways to work out this from the available resources of the organization that includes the regular