Need theses 6 question answer after you read the story. Need by 01 May 2020
Module 3 – Case
PROBLEM SOLV, E
Michael Bruno is a senior level manager for Company XYZ. He has
been with this organization for 25 years. Michael is in charge of
recruiting a new CEO for Company XYZ because the previous CEO,
who had a “golden parachute,” was terminated for tolerating low
performers, mismanaging change, and ignoring customers. After
posting the position on LinkedIn, he received a number of inquiries
from potential candidates. After spending months interviewing both
internal and external candidates, Michael has two potential
candidates (i.e., Doug Wilson and John Smithson) for the CEO
position. After having the final round of interviews and spending the
day with each candidate, the hiring committee selects John
Smithson for the CEO position.
Michael decides to have a meeting with his team to discuss the
CEO’s salary before sending John’s employment contract. Michael
believes that the CEO of a company should make at least 10 times
more than the highest paid employee. Several of his colleagues
reject his idea and argue that the CEO should make significantly
less. One person yells out, “What about the employees—the
employees of the organization should all receive a raise that is well
overdue.” Michael is perplexed and decides to have a follow-up
meeting with his group first thing in the morning.
Some specific articles on this topic to get you started:
Taylor, M. (2009). Super CEO salaries on the rise. Super
Review, Retrieved from https://search-proquest-
com.ezproxy.trident.edu/docview/198140975?accountid=28844
Mongan, E. (2017). Multi-facility CEO salaries on the
rise. McKnight’s Long – Term Care News, 38(4), 4. Retrieved from
https://search-proquest-
com.ezproxy.trident.edu/docview/1923228986?accountid=28844
Peterson, A. (2015). If reddit wants to fight the gender pay gap, it
should disclose everyone’s salaries.Washington: WP Company LLC
d/b/a The Washington Post. Retrieved from https://search-proquest-
com.ezproxy.trident.edu/docview/1672028818?accountid=28844
David Wighton in, N. Y. (2007). Goldman sachs CEO nets $68.5m
salary. FT.Com, 1. Retrieved from https://search-proquest-
com.ezproxy.trident.edu/docview/229112057?accountid=28844
Case Assignment
Once you have finished reading about this topic and reviewing the
background materials, please write a 2- to 3-page paper (either in
essay format or Q & A format) addressing the following questions:
1. Should a CEO of a large organization earn at least 10 times more than
the highest paid employee? Justify your response.
2. Should Michael Bruno try to low-ball John Smithson so he can also
provide a small raise to all of the employees of Company XYZ? Justify
your response.
3. What resources can Michael Bruno use to learn more about CEO
salaries?
4. Should Company XYZ have a salary cap for CEOs? What are the pros
and cons to having a salary cap?
5. Should CEOs have a golden parachute?
6. Based upon your research and beliefs, discuss a fair policy for a CEO’s
salary so there is no confusion among the employees.
Be sure to support your arguments with references to the
background readings and your research.
Upload your assignment to the Case 3 Dropbox. Be sure to
review your TurnItIn Originality report. If the score is over 20%, you
may be copying too much material from the internet or other
sources and you will need to contact your professor and arrange to
revise and resubmit the paper.