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Salary Benefits - Essay Example

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Summary
The paper "Salary Benefits" focuses on compensation, recognition, and acclamation in various job sectors. The author of the paper provides a comparative analysis of the real estate agents' commissions, baseball players payment, and big corporate managers' salaries…
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Salary Benefits
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Extract of sample "Salary Benefits"

This essay principally looks at how different people are recognized and how this habit should change to a more realist method of recognition. Real estate agents are normally paid on commission on each house they manage to sell and in most circumstances. The agents put more emphasis on their commission and lay aside the homeowner’s need and target. In pursuit of just their commissions, the real estate agents opt to settle for lower prices so as they can make many sales and earn a huge commission (Sandler, Corey & Keefe 23).

This is usually a disadvantage to the homeowner who is convinced, by the agent, that his house is worth that amount while, in a real sense, the house is worth more. Measures that will be beneficial to both the homeowner and agent have to be put down to end this behavior and get a maximum dedication from agents. Increasing the agent’s commission is certainly one way that will bring the best out of him. He will work hard to ensure that the house is sold at the right price so as to get higher pay.

Incentives have proved to work, and if used properly, they can lead to high productivity and dedication Sandler, Corey & Keefe 78).Myths that certain baseball players perform better in clutch games than any other ordinary games have been found untrue. Players should be recognized not just for their performances in crucial games but for the effort that they put in through their careers.Big corporate managers are overpaid and overcompensated for the little that they do. While the shareholders continue to suffer losses due to the poor work done by these managers, they continue to receive significant amounts as compensation at the expense of the shareholders.

A system, which only allows performing managers to be paid according to the work they do and the amounts of profit that they are able to wheel in, should be put in place. Nobody should take advantage of another or harvest where they did not plant. Each working individual should receive no more or no less of what they really deserve. Compensation, recognition and all sorts of acclamation should be based on the long term performances of that particular person. The notion that each person works only to fulfill their individual interest should be shunned, and all should work towards the advancement of their personal goals while also ensuring they help in achieving their employers.

In doing this, they would have earned the pay they deserve because they have completed what is required of them (Sandler, Corey & Keefe 273).The whole business and corporate sector need to come up with new criteria that get the best out of any working person. Each one should show total dedication in whatever they indulge in and should be able to do it to their best.To conclude, it is evident that most people only work for the fulfillment of their personal interests while ignoring others’.

The compensation, recognition, and acclamation they get usually are at the expense of someone else. To stop this, all should be acknowledged based on their long term performances and only if these performances are worth being credited.

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