Question
Sometimes we hear about super incomes and wonder if someone is worth the money paid. For this assignment, be cautious in directing your response to
Sometimes we hear about super incomes and wonder if someone is worth the money paid. For this assignment, be cautious in directing your response to a SALARY (including bonuses) and not someone's net worth or income from stock. For example, Elon Musk made $150 billion in the past year...yes, BILLION but that money is from the increase of Tesla shares. I have no idea what his salary is...but it would be interesting to know.
Instructions
Everyone wishes to receive more pay and do less, but think about the factors determining what a wage should be for a particular task.
In this two page reflective essay, write thoughts about the following: What is too little? Not just too low a wage to live on, but not enough for the job. You should address 5 job types and determine the salary range for this position and why someone should not be paid less than the range you were able to find for that position. For example, if an executive chef makes $40,000 - $120,000 why should an executive chef earn at least $40,000?
The second portion of this essay is to determine what is too much. Using the same 5 job types above, explain why more money than the range would be appropriate. For example, when would it be fine for the executive chef to be making more than $120,000?
Step by Step Solution
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Whats the Right Price Examining Salary Ranges and Value The question of how much someone should be paid is complex While everyone desires a higher income for less work a fair wage should reflect the s...Get Instant Access to Expert-Tailored Solutions
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