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Articles 31 - 32 of 32
Full-Text Articles in Benefits and Compensation
Deserving Jobs, Deserving Wages, Jeffrey Moriarty
Deserving Jobs, Deserving Wages, Jeffrey Moriarty
Philosophy Faculty Publications
This chapter applies recent work on desert to two sets of issues in business ethics. The first set of issues concerns who ought to be hired, fired, promoted, and demoted. Call these issues of “job justice.” The second set of issues concerns how much workers, including managers, ought to be paid. Call these issues of “wage justice.” I focus on job and wage justice because considerations of desert play an important, though sometimes tacit, role in discussions of these issues.
Do Ceos Get Paid Too Much?, Jeffrey Moriarty
Do Ceos Get Paid Too Much?, Jeffrey Moriarty
Philosophy Faculty Publications
In 2003, CEOs of the 365 largest U.S. corporations were paid on average $8 million, 301 times as much as factory workers. This paper asks whether CEOs get paid too much. Appealing to widely recognized moral values, I distinguish three views of justice in wages: the agreement view, the desert view, and the utility view. I argue that, no matter which view is correct, CEOs get paid too much. I conclude by offering two ways CEO pay might be reduced.