What are your thoughts on the following questions?

United States Auto Industry Back on Top of CEO Pay

Answer the following questions:

Do you think CEOs and other executives are worth the compensation packages they receive? Why or why not?
Do you agree with Peter Drucker that corporate executives should receive compensation packages no larger than a certain percentage of the pay of hourly workers? Explain.
Will the Dodd–Frank Wall Street Reform and Consumer Protection Act giving shareholders the right to vote on executive pay influence the size of these packages in the future?

The following requirements must be met:

Write between 1,000 – 1,500 words using Microsoft Word in APA 6th edition style.
Use an appropriate number of references to support your position, and defend your arguments. The following are examples of primary and secondary sources that may be used, and non-credible and opinion based sources that may not be used.
1. Primary sources such as government websites (United States Department of Labor – Bureau of Labor Statistics, United States Census Bureau, The World Bank), peer reviewed and scholarly journals in EBSCOhost (Grantham University Online Library) and Google Scholar.
2. Secondary and credible sources such as CNN Money, The Wall Street Journal, trade journals, and publications in EBSCOhost (Grantham University Online Library).
3. Non-credible and opinion based sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. should not be used.
Cite all reference material (data, dates, graphs, quotes, paraphrased statements, information, etc.) in the paper and list each source on a reference page using APA style. An overview of APA 6th edition in-text citations, formatting, reference list, and style is provided here.

Solution Preview

Compensation Packages for Business Executives

Do you think CEOs and other executives are worth the compensation packages they receive? Why or why not?

Parity in compensation and benefits received by different employees within organizational settings has often been a subject of discussion in different contexts. Although much of the attention related to equal pay often gravitates towards gender differences, position within the organizational structure is also subject to as much discussion, largely due to variation in the compensation amount for employees. In particular, businesses Chief Executives (CEOs) have continuously experienced an exponential increase in the amount of compensation received over the past two decades (Karabell, 2018). The high compensation received in the contemporary society is so high and unnecessary as it does not need to be as high to exemplify their position at the firm, noting that a lower level, could still suffice to meet the expectations of the position.

(1,354 words)