StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

It's not fair - Assignment Example

Comments (0) Cite this document
Summary
It is important to highlight that this paper delves in the discussion of the management of funds and to be in particular the way that funds are allocated to the various persons who were employees in any given institution in the name of compensating them. In this paper, there is…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Its not fair
Read TextPreview

Extract of sample "It's not fair"

Introduction It is important to highlight that this paper delves in the discussion of the management of fundsand to be in particular the way that funds are allocated to the various persons who were employees in any given institution in the name of compensating them. In this paper, there is a theory that will be highly looked into and that is the equity theory. In this theory, it is important to highlight that the theory is so vivid in its explicit stating. It tends to outline that for the better and the required satisfaction in the resources distribution, the allocation should be as anticipated, otherwise the perception will be considered to be fair or unfair depending on how the allocation and distribution is done. The theory again suggests that what a person or an individual considers to be fair is what motivates the person or the individual (Robert, 2012).
It is important to highlight that the theory relates quite clearly to the executive compensation. This is so as in most of the institutions that are in the society today, the executive committee is considered to be of high priority in the institution. They are therefore paid large sums of money that is not worth what they should be given. This is not fair as they only develop policies while the employees are the ones who execute the actual tasks in the institution (Robert, 2012).
In the using of another as a referent, it is therefore quite axiomatic that the women should use the men as their preferred referent. This is so because the men are considered to be quite productive in terms of delivery and execution of their duties. Actually this is some kind of male chauvinism clearly well spelt out here. The relevant input that the top executive should put into consideration is that they should focus on the payment issues (Robert, 2012).
Procedural justice is taken to be the fairness of an action that is used in the ascertainment of the discerned justice. Under this, it is important to consider two fundamental concepts; process control as well as the explanations. The implications of this is that the top management has had it quite hectic as they have to strategize and for every move they make, they have to give all the information and explanations for the outcome that will be realized due to their action. According to the chapter, it can be clearly noted that these pay making decisions do not follow the procedural justice; this therefore makes the whole process to kind of seem unfair (Robert, 2012).
It is important to highlight that the government being the most authoritative body in every state; it is therefore so vivid that the government can use its legitimate powers in the regulating of the executive compensation. This can be through the passing of various rules that protect the rights of the employees. By this, the amount that will be used in compensating the executive will be reduced to some value that is almost favorable and bearable by the workers so that they do not see the act as unfair (Robert, 2012).
In firms that perform very well, it is important to note that the top executive are compensated a lucrative amounts based on the good jobs that they did. In this case it is fair (Robert, 2012).
References
Robert, L. Leadership: Theory, & Skill Development, London, Cengage Learning, (2012). Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“It's not fair Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/management/1630594-its-not-fair
(It'S Not Fair Assignment Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/management/1630594-its-not-fair.
“It'S Not Fair Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1630594-its-not-fair.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF It's not fair

Is fair trade fair

...and the South” (Whisler, 2009, p. 3). References Criticisms of Fair Trade, (n.d.). retrieved on February 14, 2013 from https://www.mtholyoke.edu/courses/sgabriel/FairTrade/criticism.htm Fair trade critique, (2010), World hunger relief, retrieved on February 14, 2013 from http://worldhungerrelief.org/fair-trade-critique/ Haight, C. (2011). The problem with Fair Trade coffee, retrieved on February 14, 2013 from http://www.ssireview.org/articles/entry/the_problem_with_fair_trade_coffee Keynes, J. M. (n.d.). The General Theory of Employment, Interest and Money, retrieved on February 14, 2013 from http://gutenberg.net.au/ebooks03/0300071h/chap02.html Mohan,...
6 Pages(1500 words)Research Paper

Fair trade- how good is fair trade

...of Sustainable Coffee: A study of twelve major markets. Published by IISD, UNCTAD, ICO. HOWSE, R. and M.J. TREBILCOCK. 1996. The Fair Trade-Free Trade Debate: Trade, Labor, and the Environment. International Review of Law and Economics 16(1):61-79. HUDSON, I. and M. HUDSON. 2003. Removing the Veil: Commodity Fetishism, Fair Trade, and the Environment. Organization and Environment 16 (4): 413-430. HUGHES, A. 2004. Accounting for Ethical Trade: Global Commodity Networks, Virtualism, and the Audit Economy in S. Reimer and A. Hughes (eds.) Geographies of Commodities Routledge, London. KAPLAN, C. 1995. 'a World without Boundaries': The Body Shop's Trans/National Geographies. Social...
5 Pages(1250 words)Essay

Health Fair

...Health Fair Participants: The participants at first seemed to be mostly boys. However, as more people in groups came in there seemed to be a pretty equal number of each. Physical development in most of the boys seemed to be about average but there were a few that were pretty tall. Most of the girls were of average height. There were many children there that were obviously overweight. I noticed several that were definitely obese. I also noticed that the obese children were essentially alone or sometimes with another obese child. The group was culturally homogeneous including whites, Hispanics and some pacific islanders. Most of the people were wearing jeans with tee shirts and tennis shoes. There were a few in...
2 Pages(500 words)Essay

Fair Trading

...Brief Since your business might enter the category of a monopoly, it is important for you to know that competition and monopoly laws in the UK are very stringent. The government makes it absolutely clear that fair trade practices must be employed at all times. And if anyone is found guilty of deliberately entering into monopolistic agreements, that person is liable to major penalties. In the United Kingdom, the Competition Act 1998 has been designed to ensure fair trade practices in businesses. The government wants businesses to compete in a fair and healthy environment that doesn't hinder competition and thus certain anti-competitive activities are strictly discouraged under Chapter I...
4 Pages(1000 words)Assignment

Fair Value

...AASB 116 , later replaced with AASB 1041, defines Market Value as a subset of Fair Value, where Fair Value is" the amount for which an asset could beexchanged, or a liability settled, between knowledgeable, willing parties in an arm's-length transaction" (Australian Prudential Regulation Authority). The same act stipulates that Fair Value is to be determined as follows: "1. The quoted market price in an active and liquid market (i.e. market value); or 2. when there is infrequent activity in a market, the market is not well established, small volumes are traded relative to the asset or liability to be valued, or a quoted market price is not available- an estimate of a price for the...
5 Pages(1250 words)Essay

Fair Shares

...Q1, Who receives the collection? Solution) According to the method of sealed bids, Abraham will receive the collection as he is the highest bidder with an amount of $12000. Q2, What is each person’s fair share of the monetary value of the collection? Soln. The formula for calculating the Fair Share of monetary value of the collection for each person is: (Player’s Bid)/ (No. of players) Abraham: $12000/3= $4000 Bobby: $6000/3= $2000 Charlene: $9000/3= $3000 Q3, Why is the monetary amount of each fair share different?  Soln. The amount of each fair share is different as each bidder has put a different amount on the collection...
1 Pages(250 words)Essay

Fair is Fair case

... Fair is fair case Fairness can only be established in a case where there is no partisanship. To render justice to all, it is necessary to determine a case without favoring any of the parties involved in a dispute. The essence of justice is not just to have justice done, but also to ensure that justice must be seen to have been done (Simmons, 13). Whenever a case is determined in a manner that does not indicate that justice has been done, it becomes difficult for the parties involved to take the verdict. Therefore, it is essential to ensure that on top of delivering justice to the parties involved in a dispute, it should be apparent that justice has been done for both parties. This is the only way through which contentment can... be...
1 Pages(250 words)Case Study

Fair Wage

...Fair Wage Introduction Through the feminist movements, assumptions that relate to social sciences for instance reproduction, mothering and reproduction, have been addressed. This is because they influence a country’s population and economic stability. In another view, they have engaged themselves in a feminist way of thinking which is referred to as double movement. The feminist movement is on the move to turn around the public divide from one, which is always keen on denying women a chance to enjoy the public power to the one, which recognizes and values their mothering abilities. Existing markets create a capitalism kind of state. While it offers liberation to human beings, it actually denies them the chance to realize...
1 Pages(250 words)Book Report/Review

Fair Use

...Fair Use Introduction Owners of copyright have their own specific rights set aside to protect their work from reproduction and which not only upholds the originality of the work but ensures the copyright owners earn a profit from their work. There are however limitation set aside to these copyright and which is called Fair Use. This exception to the copyrights is termed as fair because it benefits the copyright owner as well as the user of the work being copyrighted. The fair use limitation in United States is provided under Section 107 of the copyrights law. The exceptions in the fair use specified in section 107 cover areas such as criticisms,...
4 Pages(1000 words)Research Paper

Financial Analysis Report: Cedar Fair

...Entertainment Company, 2015). The Cedar Fair, L.P.s chief operating officer, is called Richard and is 54 years old and has held this position since October 2011. Prior to this position, Richard was the Cedar Fair, L.P.’s Executive Vice President since November, 2010 and its Regional Vice President since June 2007. Before joining the Cedar Fair, L.P., Richard had served as the general manager and the vice president of Kings Dominion. His experience in the amusement park industry is of over 20 years. Brian is the chief financial officer and is 48 years old. Brian has held this position since the beginning of 2012. Before this, Brian was the vice president and corporate...
20 Pages(5000 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic It's not fair for FREE!

Contact Us