Baseball Salaries Analysis

Baseball Salaries Analysis
Analysis of Variables Affecting Major League Baseball Salaries
Prepared For:
Dr. Laura Ulrich
Prepared By:
Mark Lowrie
Introduction
A reoccurring issue every year in sports is assessing how valuable a player is and what his annual
salary should be. The highest annual salary in the history of the game was just given out this off–
season to a pitcher who will be pulling in 34 million dollars per year. This study will be done with
position players, but the purpose will be to judge whether huge money deals like this one are worth
it. In a 162 game schedule, many different things go into a player's contract, so this study will be
strictly from a data perspective. The results should show a few players who are both under and
overrated based ... Show more content on Helpwriting.net ...
With the R–squared value being 0.2226, this shows that 22.26% of the variation in annual salaries
can be explained by the independent variables. As we are looking for higher percentages closer to
100 we can know that this is not a strong correlation. With Runs and RBI's being negative in
correlation coefficient, we can determine that the relationship with Annual Salaries and Runs/RBI is
negative. With homeruns being so close to 1.67 it could be said that this statistic is the close to being
significant at the 10%
... Get more on HelpWriting.net ...

Essay Salaries in Major League Baseball
Salaries in Major League Baseball
Every year, it becomes more obvious that many sports in America have problems. For years,
Hockey has been criticized for its excessive violence. The National Football League has also been
scrutinized for this reason as well as the fact that many of the top players have constantly been in
trouble with the law. Major League Baseball is no different. The situation with baseball is more
complicated, and is not only ruining the game itself, but also drawing millions of fans away from the
sport. The biggest problem is with the high salaries paid to athletes. These salaries are taking the
competitiveness out of several sports, especially baseball, where there is no salary cap. Action must
be taken ... Show more content on Helpwriting.net ...
They merely raise the ticket prices a few dollars and make twice the amount of the athletes. The fans
that come to watch the athletes and who pay nearly $20 to get in the ballpark are padding the
pockets of these owners. Statistics taken from online site http://cnnfn.cnn.com/2001
/03/30/news/baseball/ show that baseball ticket prices have gone up from $16.67 to $18.99 in just
one year. A quote from the same online site http://cnnfn.cnn.com/2001/03/30/news /baseball/ wrote
by Chris Isidore says, "Baseball fans going through the turnstiles on opening day across the nation
Monday will be paying about 13 percent more than they did last year, according to a survey of
prices…The increase makes baseball the sport with the fastest growing prices." Baseball in
the United States is no longer America's Pastime. Baseball has changed to a high priced business,
where average players make millions and above average players make tens of millions. To make the
situation even worse, the dumbfounded owners and greedy sports agents who contaminate the game
and the talented young athletes playing in it, control this business. Many fans throughout the U.S.
blame the high priced contracts on the athletes, but they are not the source of the problem. In a
sense, the athletes are just getting their piece of the pie. What the athletes make

Ceo Compensation
| CEO Compensation | |
Introduction
Recently CEO compensation packages have high rocketed making many people question the
validity of their compensation. Many questions have been risen to find out if CEO compensation if
excessive. Through this paper we will discuss why we feel CEOs in America are grossly overpaid.
We will start off by talking about the ethics on the matter and then the pay–performance connection
within organizations. We will also touch on the real wages of employees and how America compares
to international companies. We will finish our argument with some recommendations that we feel
will help make organizations as a whole better.
High Pay, Low Performance
Financial Crisis
It is shown in several studies that ... Show more content on Helpwriting.net ...
CEO Compensation and Virtue Ethics
Another way to look at CEO compensation is to see if it agrees with virtue ethics. There is
Aristotelian virtue oriented approach to ethics and was applied to business by Robert Solomon. In
this, Solomon argues that business is primarily a practice, in which a community of individuals
engages in a cooperative endeavor to deliver goods and services for the good of society. In this
practice certain virtues such as integrity, moral courage, and justice are essential to the practice of
business. Also, in virtue ethics justice implies that executive pay should be more modest across the
board, regardless of company profitability. (Kolb, 2006, pg.101–115)
CEO compensation is not "fair" top 25 CEOs had an average annual pay of $32.7 million, which is
more than 900 times the annual salary of the typical US worker. In an era which many companies
are cutting costs by laying off employees, such compensation seems to be unjust. Solomon argues
that workers may not be loyal to someone they perceive as being unfair. At some level, trust and
loyalty are needed for a company to prosper. Without these, this company will be left with a group
of resentful, unhappy employees.
Even if the CEO's employees are "satisfied" with their minimum wage salary this satisfaction does
not

Major League Baseball Salaries: How Much is Too Much? Essay
Major League Baseball Salaries: How Much is Too Much? Twenty–five million dollars made per
year. Over one hundred fifty–four thousand dollars made per game. Over forty–seven thousand
dollars earned per at bat. Sounds a little ridiculous, does it not? That is what current Texas Ranger
shortstop Alex Rodriguez earns to play the game of baseball (azcentral.com). Baseball is a game that
children have been playing in schoolyards and fields for the past one hundred years. It may not be a
game anymore. On the Major League level it has become a business. This is where the problem
starts. Others associated with baseball do not see any problem. All businesses are entitled to the best
employees they can ... Show more content on Helpwriting.net ...
Logically speaking, it is almost impossible for a family of four to afford to attend a game. Four
reasonably close seats cost about $25 per seat equaling $100 just for seats. Concessions that are
overpriced at $4 a hot dog and $3 a soda plus one souvenir make a family trip to the ball park over
$150 for the evening. Fans see it as unaffordable to attend multiple games per year, thus causing
them to lose interest. Ticket prices are high because owners must be able to afford the mega–salaries
of superstars. Fans, on the contrary, are eager to assist in the funding for new stadiums, as seen in
the article written by Holahan and Kroncke. In more than fifteen cities, a new stadium is either
being built, renovated, or in the planning stages. The cost for these projects is estimated at more than
$7 billion, with most of this money coming from public funds. The public is understanding of
paying an additional .02%, for example, to the sales tax to pay for a revenue generating stadium that
will add to the beauty of their downtown setting. Then again, "to use tax money from people making
$30,000 to $40,000 a year to boost the salary of someone making over $1 million is viewed as
unfair" (Holahan and Kroncke) even though both the stadium and players are absolutely necessary
to run a successful team. However, what the fans do not

Baseball Fans Salaries: Necessary Or Harmful?
Thanks to such extravagant fantasy baseball packages, 2017 looks like a year to remember.
Moreover, millions of baseball fans now have the ability to view exclusive content. In addition, such
packages give fans the ability to oversee their team like never before. Furthermore, fans have the
ability to completely access to all things baseball. With such freedom, baseball fans can expect to
have an awesome 2017. For those unaware, several discounts remain applicable. As Martin
Gonzalez's ownership rose exponetially in one week, fans remain confident in supporting him.
In addition, fans seem particularly fond of Luis Perdomo. Since his last three starts, Perdomo still
remains on the prowl. In fact, his ERA went from 9.00 to 4.18. However, his

Management
For many of us, finding a career that we deem fun and long–term is in itself a long journey. But
having a successful career in life is not just for the rich and famous, it's also for the average person.
We as humans are prone to look at successful individuals like Oprah or Bill Gates and assume that
somehow they became wealthy and innovative overnight, but it truly took many years, time, effort,
and perseverance.
Choosing a career is an involved process that is based on a number of things, including your
interests, skills, work–related values, and personality. And of course salary and bonuses take not the
last place in our decision.
I am doing my MBA program and I have to choose the field in which I will devote my life. I am
interested ... Show more content on Helpwriting.net ...
 They can serve as a financially rewarding investment for someone with a long–term financial
strategy.
 They can offer some tax benefits.
PART 4
The job descriptions are accurate. However, job descriptions are wish lists. Based upon the jobs that
need to be done, employers write job descriptions to create ideal candidate profiles, including job
responsibilities, necessary qualifications, preferred qualifications and, of course, other duties as
assigned (just in case they forgot something).
The chances of an employer finding a candidate that matches the description perfectly and is a good
fit with its organizational culture is somewhere between slim and none. If an employer has listed ten
key qualifications and you have seven of these qualification; you are probably a viable candidate. If
you have two or three, probably not.
Highest Salaries By City
International Marketing Manager Jobs
1. Pittsburgh, Pennsylvania ($65,011 – $104,805)
2. San Francisco, California ($63,678 – $115,498)
3. Boston, Massachusetts ($60,000 – $116,800)
4. Denver, Colorado ($54,495 – $110,150)
5. Chicago, Illinois ($56,993 – $99,159)
Human Resources (HR) Manager Jobs
1. Alexandria, Virginia ($63,394 – $88,825)
2. San Jose, California ($56,239 –$91,282)
3. Washington, District of Columbia ($56,767 – $92,107)
4. Anchorage, Alaska ($60,496 – $80,380)

5. San Francisco, California (62,076 – $88,538)
Financial Planning & Analysis Jobs
Highest Salaries By

How Remuneration Is Determined in Csr
How your Remuneration is Determined
1. INTRODUCTION
CSR staff are paid an annual salary, along with company superannuation contributions and annual
leave loading. In the case of senior staff, the salary and benefits are combined as a remuneration
package. The processes for determining annual salaries and fixed remuneration packages in CSR are
the same. All references to "salary" in this document relate equally to both salary and remuneration
package. Senior staff however, should also refer to the document "Guidelines for Packaging of
Fixed Remuneration".
Salary decisions are based on market data, individual levels of contribution to the business and level
of Individual salaries reflect personal skills, experience, level of ... Show more content on
Helpwriting.net ...
Whilst the normal range of salaries for each job grade is 80% to 120% of the job salary, individual
salaries may in some circumstances be set above or below this range dependent upon the job market
for specific regions or job categories or upon the individual's level of experience or length of time in
the job.
4. SETTING YOUR SALARY
Annual Salary Review
In CSR, it is current practice to review all staff salaries once a year with any adjustments to take
place from 1 July.
The purpose of the review is to ensure that:
the average salaries paid to CSR people remain competitive with the market rates
salary relativities between individuals are fair, having regard to factors such as individual
contribution to the business, level of performance and any changes in job responsibility in the
previous year.
The CSR Board approves the money to be allocated for salary increases taking into account various
factors including the "job market", where CSR should be positioned in that market and the
company's performance. As a result, job grade salaries are revised and guidelines for the review are
prepared.

Setting individual salaries
A number of factors are considered when setting individual salaries. Managers consider the amount
of money available to the business for salary adjustments, the revised salary/remuneration package
midpoints and each individual's contribution to the business.
In

Overview Of Chapter 6-3: Does Baseball Need A Salary Cap
From chapter 6–3: Does Baseball Need a Salary Cap? by Neil deMause
Perhaps no two words in baseball generate as much controversy and emotion as "salary cap."
Depending on whom you ask, a salary cap would either save the game, destroy the players' union,
provide hope for small–market fans, pervert the free market, or create a tangle of red tape that would
turn every trade deadline into a battle of wits among dueling "capologists." Whenever owners and
players have to negotiate a new collective bargaining agreement –– the next tussle is scheduled for
after the 2006 season –– discussion of a cap is sure to follow. Mere mention of the c–word usually
throws a giant wrench into labor talks and raises fans' fears of another 1994.
The concept of a cap sounds simple enough. Every team, whether the Yankees or the Devil Rays, is
given an annual salary budget, and no team is allowed to exceed it. But as actually practiced by pro
sports leagues, salary caps come in a million flavors: hard caps and soft caps, franchise–player
exemptions, and luxury taxes. Each tweak to the system runs headlong into the economics of
unintended consequences. But before we can determine whether a salary cap would fix baseball, we
have to decide just what it is about baseball that we want to fix. Taxes and caps have been suggested
to cure various ills, including payroll inflation, high ticket prices, and competitive imbalance. ...
Show more content on Helpwriting.net ...
Reduce the ability of the richest teams to bid up the price of players and salaries are sure to

Importance Of Athletes Deserve To Be Paid
What is the difference between a professional soccer player and a Surgeon? One of these two people
save lives for a living and makes a little over $500,000 a year (Smith, Forbes), the other makes
millions of dollars more for kicking a ball into the back of a net. It's not difficult to guess which is
which. The hard part is making the realization that this is not only an injustice but an incredible
problem. There is no question about it, athletes are paid much more than they should be. The fact
that they take home millions of dollars more than the real heroes of society, like teachers or doctors,
is a pure injustice. They also get paid ridiculous amounts in comparison to their fellow entertainers.
If all of that wasn't enough, this issue of ... Show more content on Helpwriting.net ...
There are many other professions that carry out the same job, just in different ways. This category
includes comedians, actors and musicians to name a few. All of these professions still earn
substantially less than athletes. Let's do the math. On average, a mid–level actor would earn $52,000
a year (The Hollywood Reporter, 2014). Comedians could make $30,000 or more annually (The Art
Career Project, 2014). An organist or pianist can earn up to $110,000 in a year (Berklee College of
Music, 2012). If you combine their yearly wages, they add up to $192,000. This should be an
impressive figure, right? Only if you don't consider the fact that the average Major League Baseball
player's salary is over $4 million (Burg, USA Today). That means one person can make over twenty
times more than three other professionals combined. It doesn't get any more ridiculous than that. It's
impossible to stress enough how unnecessarily overpaid athletes are. When you consider what little
importance athletes have in society compared to professionals that make less than them, the
ridiculous financial advantage they have over their fellow entertainers and what a threat this greed is
to the future of sports, it's difficult not to be alarmed. It's up to us as members of this society to make
this right. Obviously, this issue cannot be dealt with overnight and it may never be fully dissolved.
But that does not mean we shouldn't make an effort

Major League Baseball Impose Salary Caps For Athletes
Should Major League Baseball Impose Salary Caps for Athletes?
There are many professional athletes who are overpaid a tremendous amount of money. For
example, in 2013 the New York Yankees third basemen Alex Rodriguez's salary was $29,000,000.
Another athlete that was overpaid was the Philadelphia Phillies first basemen Ryan Howard. During
the 2011 postseason, he tore his Achilles tendon and had to miss most of 2012 season because he
was on the disabled list. He had a salary of $20,000,000 for 2012 and only played 71 games out of
162. Major League Baseball should impose a salary cap on athletes because athletes are being
overpaid, they are signing big contracts, and some are not performing well.
Many people believe that professional baseball

sustaining employee performance
Sustaining Employee Performance Christina Ladach, Ryan Smith, Angela Villella, Stephanie
Wickline, and Jesus Yanez HRM 300 September 22, 2014 Robert Lacey IV Sustaining Employee
Performance There is usually a multitude of different positions within an organization. The different
positions are determined by the size of the organization. While many positions may have similar
characteristics when it comes to performance and compensation many are also at opposite ends of
the spectrum. Based on the position, companies may choose different methods of evaluating
performance. Companies also choose different pay scales and incentives based on each position.
Two positions that may be compared would be a triage nurse and an admission ... Show more
content on Helpwriting.net ...
The first evaluation type would be Critical Incident method, and the second would be the Graphic
Rating Scale. Critical Method job evaluation would be good for a Triage Nurse and an Admissions
Receptionist because this evaluation is a task–focused based evaluation. Both of these jobs come in
contact with clients, and they have certain tasks and procedures to follow with each client. Critical
Method focuses on those tasks an employee has and how he or she performance those tasks. The
evaluations are done mostly by the managers, by doing observations of the employees and gathering
that information for the year. Critical Method job evaluations are very effective relationship building
tool because it requires the manager to spend most of their time in the work area working,
observing, and interacting with there in employees (DeCenzo, p. 251). This situation could be a
disadvantage because your manager is most likely to be there every day and see everything that is
going on, but if they are a good manager they are there to provide support and guidance. The Second
Performance Job evaluation I would use to evaluate A Triage Nurse and an Admissions Receptionist
would be the Graphic Rating Scale method because of the number of Nurses and Receptionist you
will have; this will help to identify the very best and poor employees. This type of evaluation helps
to separate employees into tiers. This separation can help determine which employees receive
promotions or training

Major League Baseball Salary
Major League Baseball Salary
1/C Morris, 2/C Morris and 2/C Turner
Major League Baseball players average just over four million a year making it the second highest
paying sport. Players determine win–loss records which drives ticket sales which creates revenue
and so on. This is why player salaries is one of the most critical aspects of running a MLB team.
These salaries are negotiated using statistics such as batting average, on base percentage, hits and
more. When negotiations are not working, an arbitration process is used which is unique to the
MLB.
Within Major League Baseball there are two trade deadlines. The first is July 31 (or August 1 for
leap years) and the second is August 31. Before the July deadline, teams face no penalties or
additional fees in trading. However, after July 31 and before August 31 trades can take place with
waivers and additional fees. While this discourages trades after the July 31 deadline, if a player is
truly desired by a team, especially in the upcoming postseason, no barrier will prevent a team from
acquiring that player. After the world series free agents are free to move from team to team. For
roughly five days teams will try and negotiate a new contract with their expiring players. Most of
the time this works but if a contract cannot be reached salary arbitration is used. Both the player and
the team will present a proposal salary to the arbitrators who then select the proposal they believe to
be the fairest. Arbitration is rare

Are Athletes Overpaid Or Overpaid?
Are Athletes Overpaid
In the new era that revolves around technology, athletes are in the mainstream media every day.
Whether it is on ESPN, CBS, or FOX Sports, athletes are in our faces constantly. Along with their
faces, we also see their contracts. These athletes are making millions of dollars play a sport. A
common question athletes hear do they think they are overpaid. This question is often not asked to
other professions and is only commonly asked to athletes. They usually don 't know how to defend
their salaries and give in to pressure and say they are overpaid. The question has sparked debate for
years among people and has even been discussed by politicians. Athletes make millions of dollars,
every year. They are some of the highest paid people in the country every year. Floyd Mayweather,
who brought in over 230 million dollars last year, often sparks controversy with his lavish lifestyle.
Athletes are not overpaid because, they generate millions, or even in some cases billions of dollars,
for their teams and organizations, Their careers can be cut short in an instant just by making a
simple motion or making a routine play. The players ' salaries are determined by us fans and our
willingness to pay very high amounts of money for their apparel, sponsored products, and tickets to
see them play a game.
Athletes often face criticism, stating that they are overpaid. What many people who argue against
pro athletes salary fail to realize is that these athletes generate

Effects Of Supply And Demand On Teachers ' Salaries
Claire Skaggs
D. Schneiderheinze
Macroecomics
2 May 2015
Effects of Supply and Demand on Teachers' Salaries Supply and Demand has a major effect on our
economy. It effects teacher's salaries more than people think. Salaries are determined by the market
forces of supply and demand. Today, schools try to focus on obtaining teachers who have a strong
impact on student's learning abilities. Everyone assumes that teachers are just one group that has the
same subject specialties, years of experience, and the same education credentials. People also
assume that all teachers are paid the same salary and that everyone agrees how to identify an
effective teacher. These assumptions are unrealistic but helpful in explaining further the concepts of
... Show more content on Helpwriting.net ...
A higher number of effective teachers are willing to provide their skills to school districts if the
wage is high than if it is low. Meaning that effective teachers are willing to work for school districts
that have higher paying salaries, even if the working conditions are poor. Along with demand, a
change in supply, other than wages, will shift the supply of teachers outward or inward. Outward
will mean that more teachers are willing to work for a school district at any wage. An inward shift
means that fewer teachers are willing to work at any wage. Increasing wages that effective teachers
can command in another occupation, means that any given wage, fewer teachers will be willing to
provide their teaching service. The labor market for teachers will be in equilibrium when the number
of effective teachers who are willing to teach is exactly equal to the number of teachers the school
district is willing to employ. Also, there is equilibrium when the quantity supplied is equal to the
quantity demanded at a single wage. This is what economists call the market–clearing range. Some
teachers are willing to work at wages set below the market–clearing wage. This creates a problem
because there are not enough effective teachers willing to work under the market–clearing price to
meet the quantity demanded at that wage. There are however, effective teachers whose decisions of
employment are based on other things, not just wage. They are not throwing out the financial
obligations,

Reasons For Professional Athletes Being Overpaid?
What are the reasons for Professional Athletes being overpaid? Athletes are paid millions of dollars
each year to play a sport that was most likely played as a kid. Suddenly, they are now being paid
extremely high salaries each year to perform on television. The reasons why Professional Athletes
are being paid millions of dollars a year is because performing on national television, long–term
financial and social consequences, and endorsements. Professional athletes are being paid millions
of dollars to entertain the world each day during the fall season. Watching the athletes perform each
day results in making athletes earn a ridiculous amount of money over time. For example, a baseball
game ticket cost about $28 per ticket to attend. Football fans have to shell out even more–an average
of $82 per ticket(Anastasia). Many fans will argue to say, "it is worth the money" to support his or
her favorite team. However, by paying so much for a ticket will only increase the cost of a ticket for
future games. Which will make fans pay even more out of pocket. Athletes continue to make a
Nemours amount of money by performing on television while the soldiers and policemen do not
make nearly as much. The soldiers and policemen are making a range from $46,870–192,864 a year.
On the other hand, Professionally Athletes are making $450,000 – 2.1 million averagely and some
players make a higher amount than that. As Kelsey states, "Let's take a moment to think about what
would happen if

Athletes Should Not Be Paid
Professional athletes in the United States are given extremely substantial contracts and lucrative
endorsement deals and it has been argued that their salaries should be reduced to smaller wages but
others say they are paid accordingly. The argument that athletes are overpaid not only exists in the
United States but also all over the world. Most countries however do not have the variety of major
sports that the U.S. has. When athletes are being paid millions of dollars each year, it raises an
important discussion. This discussion is about how we value and compensate athletes and whether
or not their salary is too much. This also leads to an argument asking if American priorities are
altered by the significant difference of athletes ... Show more content on Helpwriting.net ...
For example teaching is one of the most important jobs in the U.S. The impact teachers have on
their kids and what they teach them is one of the most important things in the world because the
future and the future economy relies on the education of its youth. Yet teachers make a significant
amount less than athletes. To show the significance, each basket Kobe Bryant scores in a game is
equivalent to the average salary of a school teacher. The President, one of the most powerful people
in our country and someone who makes decisions that change and impact the world daily gets paid
$400,000 a year. An undrafted rookie beginning his new and not so very bright professional career
in major league baseball makes way over that amount. Additionally firefighters, police officers, and
doctors risk their lives everyday to save others for a fraction of what athletes make. Lawyers,
business men, and astronauts are people who try and change the world for the better by exploring
new ideas and the unknown and are also paid a fraction of what athletes are. A high paid type of
doctor makes just over $500,000 a year, a lawyer with over a decade of experience is paid up to
$170,000 a year, the highest paid astronaut is paid $107,000 a year, and the average an above
mediocre business man is paid $70,000 a year. To compare these salaries to athlete's, the average
salary that teams in the

The Advantages Of Major League Baseball Salary Cap
There are five major sports leagues in the United States; Major League Baseball, Major League
Soccer, the National Basketball Association (which has what is known as a "soft salary cap), the
National Football League, and the National Hockey League. Of these five, only baseball lacks what
is known as a salary cap. A salary cap is the upper limit of the combined salaries for a team's
players. In the other four sports I mentioned, having to work within the boundaries of a salary cap is
a balancing act, to gain an advantage at one position requires you to be at a disadvantage at another
position. For example, to have a top tier quarterback in the NFL like Tom Brady or Aaron Rodgers
and the large salary they command, a team might lack the funds to sign a top tier linebacker or
cornerback. With Major League Baseball lacking a salary cap, this balancing act vanishes and teams
could sign anyone and everyone they wished. This causes a competitive imbalance that is hurting
the sport. Too often we see the same teams making the playoffs and winning championships like the
San ... Show more content on Helpwriting.net ...
Teams with large payrolls routinely win at a higher rate than teams who cannot afford to spend the
massive amounts of money other teams do. For example, in the last fifteen years the New York
Yankees and Los Angeles Dodgers, two teams which regularly are among the highest spending
teams in baseball, won on average 94.7 and 86.8 games respectively. By comparison, the San Diego
Padres and the Kansas City Royals, two teams who are not able to compete financially with teams
with deeper pockets, won an average of 77.1 and 71.6 games respectively in that same time span
(Major League Baseball). This disparity in season wins is a direct cause of Major League Baseball's
lack of a salary cap. Over the course of a 162 game season, teams with higher payrolls, and
therefore better talent on their roster, will prevail more often than

HRM at American Airlines
Case Introduction
This case examines the Human Resource Management system at American Airlines and its role in
the airline's past and continued success. The case takes us through a time line from 1980 to 1992 of
the company; of how the growth of the company was followed by changes in the strategy, changes
in the HR policies at different time and finally their effect and impact on the employees and the
company as whole.
Events
1. 1978: Deregulations of the airline industry.
2. 1980: AA's growth plans called for ore planes, new routes, increased membership in its
AAdvantage frequent flier program, and an enlarged installed base of its SABRE reservation
system.
3. 1981:The Presidents Conferences began.
4. 1983: Two Tier compensation ... Show more content on Helpwriting.net ...
Developmental perspective only in leadership area.
4. Pay plans were seniority based and individual based although employees were all salaried.
Difference in earning levels for even employees doing similar work was HUGE.
5. Developing leaders from within, managers were to be seen as coaches and facilitators
6. Information and Communication technology was developed: new reservation system and baggage
tracking system were one of the best and most expensive of their times
Horizontal fit
Its not really a perfect horizontal fit because where as the work processes and tasks have been kept
repetitive, promotions are seniority based and training is specific (all of which mesh well on one end
of the spectrum), leadership skills are being focused, information sharing IS and empowerment is
being emphasized, compensation plans are being directed at long–term through lower base pays and

profit sharing plus bonuses and above market benefits (which integrate well together but not with
the former set of action plans) also, the compensation plan is being tried to implement in isolation
but it's the ripple effects on the system that are causing problems
Vertical fit
The vertical fit is again missing. Whereas the HRM practices of recruiting, promoting, developing
for leadership and compensation (of low base pays) and most importantly the newly inculcated
CULTURE of information sharing and focusing on emergent strategies favor differentiation strategy,
the specific training

Software
JVA Corp. February 3, 2012
JVA Corporation has manufactured wireless technologies such as cellular phone, walkie talkies,
intercoms and GPS units since 1995. Within that time JVA has grown to 17 acres of land and
totaling 3 million square feet of warehouses, factories, offices, exercise room, etc. Due to JVA past
success, the employees became accustomed to the amenities that this workplace has to offer.
During the recent economic crisis that our country has faced, JVA Corp. has suffered from a net loss
of $53 billion which is a 17% loss in the last fiscal year. As JVA HR Director, my team of
consultants has reviewed the cost of all additional compensation programs that is offered by the
company that exceeds the current base ... Show more content on Helpwriting.net ...
I propose that JVA Corp to eliminate most; if not all; of its wasteful expenditures which include to
the compensation packages. The compensation packages includes many benefits such as a variety of
discount on cell phones, gym memberships, home and auto insurance, and JVA Corp. credit cards as
well as discount tickets which will be effective immediately. We are urging for all employees;
including management; to take part in the cost cutting efforts.
JVA Corp will need to make necessary changes to the guidelines for performance management and
this will happen company wide. Performance management is a continuous process that consists of
three steps:
* Defining acceptable employee performance * Facilitating employee performance * Encouraging
employee performance.
JVA Corp will be restructuring and merging some department within the company. By doing this,
duplication, redundancy, and administrative costs can be reduced without significantly reducing
services. This will saves JVA Corp millions of dollars in man hours and resources.
All salaries increases will be temporarily frozen due to the economic crisis; includes all (150,000
domestic employees and all international employees). JVC will begin to assess all employees' wages
for salary increases at the beginning of the new fiscal year.
All managers will continue to give reviews and performances

The Benefits Of Baseball Salaries
The salaries are fueled by baseball's $9 billion in gross revenues from last season, which was
generated by enormous broadcast rights deals, digital media, merchandise licensing and sales,
luxury suites leases and premium seating, ticket sales, and concessions. (Bill shea) Baseball is
America's pastime and in the early ages of the game it was entertainment to go to the field and
watch a game go down. Before world wars and during world wars people went to baseball as maybe
a way to relax and have a little bit of fun. Now that the game has grown into a worldwide sport it
has changed. People who play this game are being payed millions of dollars to do something they
worked very hard for and loved. The 9 billions dollars pays for salaries every year.
"There's no doubt that I devoted my whole life to getting a team and then having it." You have to
love the team you play with or coach and the players on the team to be successful while playing the
game. Without this bond with your team or coach you will not win as many games and you will
have trouble communicating with one another. "From the day that Bud became involved in baseball,
he divorced me and married baseball," said Donna at the time. He loves baseball and that one of
many things you must do to be good ... Show more content on Helpwriting.net ...
They have a powerful impact on programs." Here the author is telling us that easy wins have huge
impacts on programs which is so true. Easy wins get the team motivated to win more games. ¨Play
the game differently than everyone else¨ this means that by playing baseball with the strategy that
everyone else has means the team will know what you are going to try to do, so why wouldn't you
find a different strategy to give yourself a better chance to win. ¨Go fo base hits not homeruns.¨
going for big hits almost always results in losing games. Getting runners on base pressures the
whole other team to try and stop your momentum rather than just scoring a single run off of a huge

The Business Of Amateur Sports
The Business of Amateur Sports
The commercialization of college athletics has created a strain on universities to move beyond
simply providing an education in exchange for participation in sports. Proponents of paying athletes
fail to understand college is about education. Creating or changing the current system which relies
on playing for pride, would create vulnerabilities in how schools recruit, offer scholarships, and
create institutions of learning. Students have complained schools have been making money off the
hard work of the students. This argument is contrary to the responsibilities which the NCAA has to
all college athletes. Creating a pay for play system, the spirit of college sports is lost. Add to the
complications that are ... Show more content on Helpwriting.net ...
Nocera offers an idea to operate the NCAA with a salary cap system. By limiting the amount of
money available to athletic programs, the college would use the fixed amount to recruit players
above the amount of money invested in a student's education. A salary cap system at first appears to
be straight forward until the argument addresses sports outside of mainstream audiences.
Nocera's idea of a salary cap supports Marx's argument of pay for play athletes. The concerns are the
fair and equitable application of such an argument. "Title IX requires that female and male student–
athletes receive athletics scholarship dollars proportional to their participation(NCAA). This
provision creates a fair system to apply scholarship funds throughout collegiate sports within a
school. The addition of compensation will create an imbalanced system that rewards a select student
group beyond a more diverse student body that participates in sports.
Money as the motivator undermines the value of the education received by student athletes.
Allowing schools to provide an education in exchange for participation in sports is fair
compensation to the overall student body. Only three sports generate revenue for athletic programs,
football as well as men's and women's basketball. Having such great interest focused on a small
portion of collegiate sports, colleges with limited funds will be pressured

Major League Baseball Salaries and the Economic Effect...
Major League Baseball Salaries and the Economic Effect Competition and the Consumer
As long has there has been business, Management and Labor have warred against each other for a
bigger piece of the pie. Major League Baseball is no different. In the early years of professional
baseball the owners controlled the salaries of the players and decided where they could play and
what they would be paid. The players were bound to their team by the Reserve Clause that stated,
the services of a player will be reserved exclusively for that team for the next season. This resulted
in keeping the player's salaries artificially low because the players were not allowed to offer their
services to any other team. The Reserve Clause was in effect for ... Show more content on
Helpwriting.net ...
In 1988 the New York Yankees had

Do Professional Athletes Deserve Their Hefty Salaries?
Do professional athletes deserve their hefty salaries? The current pay of professional athletes in the
United States has been the target of social media and the public due to the hefty amount athletes
make. This paper will look at the reasons behind professional athletes' salaries to find out if it is
justified or they are plainly overpaid. As mentioned in previous writing, the question of "are
professional athletes overpaid" is highly controversial because of the perceived disproportionate in
pay among workers that actually serve humanity. This research paper will provide important facts
and data based on different studies conducted by experts to show the truth which will show the two
sides of the coin instead of a biased look of famous athletes. The perceived exorbitant pay
professional athletes receive is a major concern by most people because all they see are the famous
athletes portrayed by media outlets in the heights of their careers. Take for example the football
player that is so popular that his personal stock goes higher when his team wins because of his
ability. The same player is on television, newspaper, radio, the internet, and so on. Imagine the
money he brings for the team owners as well as the community they are based. This athlete carries a
direct impact on every one. Here, we see famous athletes with their exceptional abilities that are
obviously making the owners richer, communities' job and income outlook better. With so many
existing teams and

Are CEO's Paid Too Much? Essay
Are CEO's Paid Too Much?
OUTLINE
This report explores the issue of the pay that top executives make, and the reasons why they do. It
also suggests improvements that can be made to make the system better. High Pay Seems Small
When Compared To Company Profits Many companies pull in profits that are extremely high. When
an employee of such a companies salary is compared to the amount of profit that the company earns,
it starts to seem reasonable. It only makes sense that if the employee is directly responsible for the
success of their company, then they deserve to get their payback. It seems ironic, but many salaries
even look small once compared with a companies profits. Top Executives Are Under A Lot Of
Pressure Being the CEO of a ... Show more content on Helpwriting.net ...
There are few, if any other positions that put an employee in this situation. Important decisions are
made by them everyday, many of which decide whether a company will prosper, or go under. Many
of these men had to work their way to the top. They usually have extensive business backgrounds,
and know their field well. There are very few people qualified, or knowledgeable enough to perform
well in executive positions. That makes the ones that are, a hot commodity. Thus allowing them to
demand the high pay that they earn.
High Pay Seems Small When Compared To Company Profits
When the public sees a salary that they consider to be too big; they are usually looking at only half
of the picture. It is impossible to look at just the salary, without taking any other factors into
consideration. One must look at the amount of earnings, compared to the profits of the company. For
instance, Robert Allen, who runs ATT, was recently pointed out by 60 Minutes as being an overpaid
executive. Their major problem was that he had been responsible for laying off 40,000 employees,
while still managing to give himself a large pay increase. At first glance, this situation may appear to
be one involving a greedy and overpaid executive. However, upon closer examination, it proves to
be much to the contrary. The situation wherein the 40,000 employees were laid off was not a matter
of getting rid of people for an unfounded reason. It was more a matter of getting rid

Relationship Between Players’ Salary and Racial...
Racial discrimination in professional sports has always been an issue and committees in professional
sports are trying their best to eliminate racial discrimination from both inside and outside of the
field. Major League Baseball is one of the professional sports leagues that has a long history about
racial discrimination. Relating with this, it is questionable that if racial discrimination affects on
players' salary in MLB. If so, how does racial discrimination affects on the salary and what are the
other factors related with racial discrimination that can affect on salary? This question will be
discussed and examined throughout the report. First of all, Major League Baseball is one of the big
four leagues in the U.S. and this ... Show more content on Helpwriting.net ...
In case of consumer discrimination, there are studies that prove the existence of consumer
discrimination. However, those studies also claim that it is very difficult to measure consumer
discrimination. The following shows the list of authors who conducted research on racial
discrimination in MLB. In 2002, Jewell, Brown and Miles measured discrimination in MLB with
evidence based on the Baseball Hall of Fame. In this report, authors concluded that race does not
seem to affect on players' probability of being inducted. On the other hand, in 2013, Van Scyoc and
Burnett researched on how racial discrimination affects in the baseball cards market. This study
concluded that there was evidence in decreasing number of fans in 1981, while authors failed to find
discrimination in year of 2008 data. This implies that racial discrimination from consumers is
slightly removed compare to the past. Moreover, there is a study conducted by Tainsky and Winfree
in 2010 which measures the effect of international players on attendance in MLB. This study was
well conducted in terms of racial discrimination originated from customers, which was thought as
hard to be measured. From this study, it was concluded that there is no confounding factor n the
evolution of fan interest in foreign–born players (Tainsky

Student
Fair Compensation Research
Team A
Patricia Hailey, Cynthia Whitelow, Jim Loncar
RES/351
March 22, 2014
Darron Williams
Introduction and Problem Statement
ABC Company is currently involved in litigation involving a current female employee's complaint
that the company unfairly administers its wage and salary policies between male and female
employees performing the same job. The goal of the research is to determine if ABC Company
policies are current, ethical, fair, legal, and administered properly throughout the organization. Our
hypothesis is that the wage and salary policies of ABC Company are administered ethically and
legally across all units of the company.
Is there pay equity and discrimination among women and men in the ... Show more content on
Helpwriting.net ...
Many types of companies conduct a salary study, for example, industry, educational institutions, and
federal and state governments. More than 80 percent of human resources professionals and business
managers participate in or purchase at least one study a year. (Business Salary 2014, Compensation
surveys and fair pay). Conducting a salary survey can be time consuming, and could take up to 7
months or more after all the data, and questionnaires have been collected. (Business Salary 2014,
Compensation surveys and fair pay). The collection of the data for ABC Company will involve
various instruments. The first will be existing wage and salary surveys that may be available to the
research team. These could include government surveys or business surveys. However, since ABC
Company's wage and salary policies and the administration of these policies are under scrutiny due
to the pending lawsuit; various other data collection instruments will be used to present data to ABC
Company's management.
The research team will use a prepared study with a cross–section of the company's employee
population. The employees involved in the survey will be asked the same questions. This will be a
rated scale survey.
Another instrument that will be effective is a study of human resource professionals of area
organizations is interviews. These interviews will be

Regression of Baseball Player Salaries Essay
Introduction The Major League Baseball (MLB) organization is a group of baseball teams that have
made it to the Major League. The Major League Baseball data set provides the 2005 salaries of
multiple Major League Baseball (MLB) teams as well as individual salaries of players within 30
teams (Lind, Marchal & Wathen, 2008). The MLB data set gives information such as batting
averages, wins, salaries, home runs, errors, etc (Lind, Marchal & Wathen, 2008). Two specific teams
stand out of the information when looking at their stats; St. Louis and Kansas City. These two teams
are drastically different; one has the most wins out of the MLB data set, and the other has the least
wins. With St. Louis and Kansas City both being in the major league, ... Show more content on
Helpwriting.net ...
We could also test the differences in the season error rate of the two teams chosen and the stolen
base total based on the performance. When performing the regression hypothesis test on the data we
hope to prove that the there is a correlation between the performance of players and the salary that
they are paid. When looking at the base data we are to conclude that there is a difference but by
performing the hypothesis testing we can conclude that there are only some aspects of the sport of
baseball that actually combine performance and pay.
Regression Hypothesis Test
Regression Analysis r² 0.454 n 4 r 0.674 k 1 Std. Error 64.837 Dep. Var. Y ANOVA table
Source SS df MS F p–value
Regression 6,998.1407 1 6,998.1407 1.66 .3260
Residual 8,407.7423 2 4,203.8711
Total 15,405.8829 3
Regression output confidence interval variables coefficients std. error t (df=2) p–value 95% lower
95% upper
Intercept –95.3536 162.1630 –0.588 .6161 –793.0845 602.3773
X1 2.4551 1.9029 1.290 .3260 –5.7322 10.6425
Observation Y Predicted Residual
1 208.31 137.88 70.42
2 101.31 108.42 –7.12
3 36.88 42.13 –5.25
4 92.11 150.16 –58.05
In this regression analysis the x value is the wins, independent variable and the y value is the salary,
the dependent variable. The advantage to this

Essay about Salaries in Baseball
Salaries in Baseball
Salaries in Baseball are skyrocketing every year. Why would a salary cap be needed? It would be
needed to help keep ticket prices down, and help make for a more even level of competition for all
of the teams. A salary cap is needed to keep baseball thriving in the future, to keep the game exciting
and enjoyable to watch for every fan.
The four major professional sports in America are MLB, NBA, NFL, and NHL. Out of those four,
only Major League Baseball does not have a salary cap. A salary cap keeps players salaries from
getting to high because of the need to get your whole team under a certain dollar amount set by the
league.
A salary cap in theory would give every team a chance to build a competitive ball club. ... Show
more content on Helpwriting.net ...
Their salaries would not have to be counted on a cap because there teams wouldn't be able to field a
team by taking that kind of hit on the cap.
"The biggest problem is the owners that are willing to pay these astronomical salaries. Until the
owners all get together and agree something will never happen." (Zook) There are wealthy owners
that can just go out and buy a winning team. The Yankees will always be in contention year after
year as long as George Steinbrenner is the owner. He has the money to have a yearly team payroll of
around $115 million. So being a rich owner in theory gives your team a better chance on winning in
the Major Leagues.
Just because a team has the money to go out and pay the high price free agents, does that mean that
they are going to be successful? Not necessarily, as the Baltimore Orioles have shown, they have
one of the higher team payrolls in the majors but they are at the bottom of their division. So maybe
it is what you do with the money that matters. And in the Minnesota Twin's case this year, who are a
small–market team, they got the best out of their relatively unknown players. But the thing that
eventually hurt them was their inability to go out and get a key player before the trading deadline.
Baseball like all other sporting events is entertainment. No professional sports organization could
succeed without the

Annotated Bibliography: the Ultimate Buck
Alison Whitlock
Wendy VanDellon
English 401
14 Feb. 2011
Annotated Bibliography
Frayne, T. "The Ultimate Goal: The Almighty Buck." Maclean 's 105.6 (1992): 65. Academic Search
Premier. Web. 5 Feb. 2013.
In this online article I found from Academic Search Premier, it explores various professional athletes
and their annual income. It is directed towards anyone interested in sports and athletes' incomes. I
would give this source credibility because Trent Frayne was a legendary sports writer whose career
stretched over 60 years. In "The Ultimate Goal: The Almighty Buck" Frayne writes about different
athletes ranging from the MLB player Ruben Sierra to NHL player Kevin Lowe and their different
annual salaries. He writes about ... Show more content on Helpwriting.net ...
It is written by Peter King, who is not only a column writer but has written five books all having to
do with professional sports.
This article is about specific sports teams, like the Tampa Bay Rays, and the way they pay their
players. Specifically King writes about free agents. He also explains the process in deciding why
each player gets the specific salaries they do and what the money is for. In doing so, King states, "So
why do teams keep throwing away their money? For one thing, the dearth of trades means that other
than the draft, the free–agent market is virtually the only way to acquire major talent." (King). King
is talking about how the reason why the free–agent market is still in use is because it seems to be the
only way to get good players.
I can put this article to good use in my paper because it allows me to see why certain players get the
amount of money they do when compared to other players. Unlike other articles, it also talks about
the free–agent market and explains why it is in use and how it works.
Mueller, Chris. "Two Sides To Every Story. Are Professional Athletes Overpaid?" Bleacher
Report. Turner Sports and Entertainment Network, 4 Mar. 2012. Web. 06 Feb. 2013.
In this website article written by "The Doctor Chris Mueller", a featured columnist from Bleacher
Report, he explores both sides when it comes to the question "Are athletes overpaid?" and talks
about the

Wage and Salary Chapter 1
Milkovich−Newman: Compensation, Eighth Edition Front Matter 1. The Pay Model © The
McGraw−Hill Companies, 2004 Chapter One The Pay Model Chapter Outline Compensation:
Definition, Please? Society Stockholders Managers Employees Global Views–Vive la différence
Forms of Pay Cash Compensation: Base Cash Compensation: Merit Pay/ Cost–of–Living
Adjustments Cash Compensation: Incentives Long–Term Incentives Benefits: Income Protection
Benefits: Work/Life Focus Benefits: Allowances Total Earnings Opportunities: Present Value of a
Stream of Earnings Relational Returns from Work The Employment Relationship Combines
Transactional and Relational Returns Variations in Transactional and Relational Expectations A Pay
Model Compensation ... Show more content on Helpwriting.net ...
The Pay Model © The McGraw−Hill Companies, 2004 2 Chapter 1 The Pay Model Think of all the
other employees, in addition to the performers, required for putting on a performance of Cats.
Electricians, trombonists, choreographers, dressers, janitors, nurses, vocal coaches, accountants,
stagehands, payroll supervisors, ushers, lighting technicians, ticket sellers–the list goes on. Consider
the array of wages paid to these employees. Why does the swing get paid more than other
performers? Why does the performer get paid more (or less) than the trombonist? How are these
decisions made, and who is involved in making them? Whether the pay is our own or someone
else's, compensation questions engage our attention. Does the compensation received by all the
people connected with Cats matter? Most employers believe that how people are paid affects
people's behaviors at work, which affect an organization's chances of success. Compensation
systems can help an organization achieve and sustain competitive advantage.1 COMPENSATION:
DEFINITION, PLEASE? What image does the word "compensation" bring to mind? It does not
mean the same thing to everyone. Yet how people view compensation affects how they behave at
work. Thus, we begin by recognizing different perspectives. Society Some people see pay as a
measure of justice. For example, a comparison of earnings of women with those of men highlights
what many

Do We Pay Athletes Too Much?
Do professional athletes get paid too much?
In my personal opinion: No
In this modern era this is an ethical issue that comes up more and more often. This has been brought
up especially in times of economic hardship and the recession whereby families are really struggling
to make ends meet with unemployment, delay of retirement and general reductions in disposable
income. During this paper it shall be discussed how the ethical issue of high wages came about, why
it is an issue, who is affected and what actions can be taken.
Why is there this ethical problem?
To put it simply, it is a matter of personal opinion and knowledge on whether you believe
professional athletes in the United States should get paid the level of wages that they ... Show more
One of the options discussed would be to cut player's salaries. Now this could have profound
consequences for many directly and indirectly involved. Firstly, the quality of sportsman would
diminish. This is a general mental happening that when you reduce a person's reward for something,
more often than not, they will reduce their work ethic consequently. The knock on affect of this
would be that people would then find sports less entertaining which is a social consequence as
people need entertainment. After this it would probably be assumed that this industry that employs
millions of people, the 11th largest industry in business, could start to struggle with the
consequential fall in demand... due to a fall in quality.
People would indirectly be affected as the level of taxation that these athletes would drop and
consequently affect the economy negatively not to mention the reduced spending the economy
would see as they would have less disposable income. This would affect other people through job s
and welfare. For example, if a professional footballer does not buy a boat in Florida then the
company who makes the boat would lose out. Welfare wise, the federal governments would have
less money to put towards benefits to help those less fortunate. Similar to this charities would find
themselves losing out also as the athletes would probably donate less as they would have less wealth
to offer. This would, again, influence people negatively.

Essay on Excessive Salaries in Professional Baseball
Abstract
This paper addresses the issue of the extreme increases in salaries of major league baseball players.
It looks at the effects of these increases on all areas of the game, from competitiveness, to fan
appeal, to financial issues. It also looks at the different perspectives of all involved, including the
owners, players, and the fans. Also shown in the paper are the possible solutions to the problem of
baseball salaries, along with some of the possible negative outcomes in the future if nothing is done
Baseball's Skyrocketing Salaries
It can no longer be said that baseball is just a game. Actually, it has been many years since that
statement could be considered true. Only recently, however, did the entire nation, not ... Show more
It is also interesting to examine the roots of free agency, which in the beginning was a good idea. In
December 1975, Peter Seitz, at the time baseball's arbitrator supported a grievance that two players
had filed (Chass, 2000, par. 4). He ruled that when a player's contract to a team expired, the player
was free to choose from all interested teams. In theory, this is a good idea that is fair for players.
They weren't property of their original teams after contracts expired and were free to pursue other
options, just as in the same way a businessman could look for a new job. However, there was no
system in place to stop a bidding war between teams if the money was available. It also failed to
take in to account the human ego. If a player sees a person with similar statistics getting paid more,
then that player will demand the same amount of money, and this cycle continues endlessly. Salary
arbitration is another cause of the salary inflation, which on average has resulted in a 100% increase
of the average salary in recent years (Chass, 2001, par. 18). In short, salary arbitration occurs when a
player and a team renegotiate the contract with a neutral third party officiating. If a player has a
good season, and feels that he is getting underpaid, he can file for arbitration. Players win most of
these cases, all they have to do is find someone with comparable statistics who is getting

Essay about Maximizing Production in the Food Industry
Introduction
One of the most important management activities in today's economy is to improve performance,
especially labor productivity, because almost every manufacturing process involves human work.
Not only the physical work, but also the mental manpower is crucial to achieve the objectives of the
organization. Increased productivity includes greater motivation, personal participation and better
performance of work in the foodservice organization. For institutional food service, improving labor
productivity can be more challenging because of budget pressure and strict regulations. Many
studies have been done on working environment, management skills, vocational training and so on.
Some general management skills, such as vocational ... Show more content on Helpwriting.net ...
The Continuing Vocational Training Survey (CVTS) recorded the degree and intensity of training
activities in the firm they studied; and it was the key feature in this study, because CVST solved the
arguments of "adding up a variety of economic activities with wide differences in terms of capital–
or labor–intensity"(Sala & Silva, 2012). Besides CVTS, intensity in research and development, job
training process, degree of capitalization, and general education were also considered as factors in
their calculation model, so the conclusion was able to apply to other general professions.
Accordingly, human capital is also important for food service industry and it can promote economic
growth dramatically. The result of study from Sala and Silva can be applied to food service industry
as well. Proper vocational training before and during the employment can definitely increase labor
productivity. Training for new employees, such as food safety, skills of handwashing, policy and
skills of using certain machines, will help new employees to fit in work quickly and reduce the
chances of operational error. Based on what we learned in class, improvements in design and
operation of kitchen equipment is one of the applications of productivity improvement. Continued
vocational training can inform employees the updated information about computerized machines,
menu, new policy and regulations and customers' feedback as well.

Baseball Arbitration's Role In Salary Disputes
Arbitration has been one of the most effective ways to resolve a dispute between parties. Normally
this process requires two attorneys representing different parties, making there case to an Arbitrator
as to why there side is a better way to resolve there issues. It is then up to the Arbitrator to decide
which party wins. Arbitration is found in many professions. However, one of the professions it is
most popular is in Baseball. Since the 1970s Arbitration has played a vital role in Salary disputes.
After looking at the History of baseball arbitration, it is clear that baseball arbitration is effective in
baseball and in other sports.
When baseball was created, players only use to sign one–year contracts. This meant that every year
teams had to compete to try to sign the best players. After a few years of this system, owners began
to worry that fans would become disinterested with the sport, since the best players were always
moving to different teams. Furthermore, the owners wanted to limit the amount of money players
could make. Therefore, they had to come up with a system that would fix their system. In 1879, the
owners establish the "reserve rule." This rule allowed each team to name five players that other
owners agreed not to pursue, even if the player's ... Show more content on Helpwriting.net ...
In 1922 The Supreme Court heard an antitrust case against the MLB. These charges claimed that
MLB was monopolizing baseball. The Court concluded that MLB's business was not interstate
commerce, and therefore was outside the reach of the antitrust laws. Because of this ruling, the
Supreme Court rejected challenges to the reserve system in 1953. (what was the challenge) because
of these rulings, the players began looking for other ways to increase their bargaining power and to
receive larger contracts. However, it was not until 1968 that real change occurred for the

Athletes Paid Too Much
There is no question that sports are a big part of American culture. Almost anyone that you speak
with has a favorite team in some kind of sport. These beloved sports are not cheap, however. The
sports industry pumps out billions of dollars each year. While a lot of this money goes towards
stadium renovations, front office benefits, and marketing, nearly half of the money spent on sports
in America goes toward the salaries of the players. Daniel Roberts, a sports writer for the popular
Sports Illustrated, wrote an article entitled "Fortunate 50." In this article, Roberts describes the fifty
highest paid American athletes of 2013. In order for the athletes to make the list, they had to be a
citizen of the United States or play within a United ... Show more content on Helpwriting.net ...
They are paid an adequate amount of money for the job they perform day to day. These individuals
are able to get the money they make because America and the rest of the world loves sports.
Network ratings, merchandise, and ticket sales are all directly related to the average people who
watching and consuming. Over the years, network ratings have skyrocketed so people are able to see
athletes perform. Merchandise and ticket sales produce billions of dollars for the sports industry
each year based off the athletes' performances and skill sets. Dr. Chris Mueller, a feature columnist
for The Bleacher Report, explains in his article "Two Sides to Every Coin: Are Professional Athletes
Overpaid?" explains how the fans are the people responsible for the large numbers that appear on
athletes paychecks. Dr. Mueller states "I have gladly shelled out up to $75 for a ticket to a game, and
I have bought officially licensed team hoodies and travel mugs for more than I am willing to admit."
Mueller continues by mentioning that "We (the average people) are the ones who are willing to keep
giving more of our hard–earned money to attend games in person, buy over–priced beer and food
and wear the jerseys of our favorite athletes. If we stopped going to games and buying officially–
licensed merchandise, then these numbers would obviously have to go down to balance out the
budget" (Mueller). Mueller makes a good case that many of the people that are

Successful CEOs Deserve their Huge Salaries Essay
Successful CEOs Deserve their Huge Salaries
Are America's CEOs paid more than they deserve? Many people's answer is a vehement: Yes. That
view is reinforced anew every spring, when companies file their financial statements and we learn
how much CEOs were paid last year.
In 2003 the average pay for CEOs at 200 of the largest U.S. companies was $11.3 million––but there
are a good number whose compensation packages approach the $100 million mark. Faced with these
figures, Americans from all walks of life––who revile CEOs as greedy fat cats––are overcome with
bewilderment and indignation. Astonished to learn that what an average worker earns in a year,
some CEOs earn in less than a week––people ask themselves: "How can the work of a ... Show
more content on Helpwriting.net ...
What long–term business model will attract venture capital? Should the company accept short–term
partial sponsorship from a large drug manufacturer in exchange for a modest royalty on the drug in
the future––or risk going it alone and possibly running out of funds? It is on such decisions that a
company's success is made––and lives of cancer patients may depend.
In order to be successful in the long range, the CEO's strategy must encompass countless factors. He
must devise a plan to grow the business in the face of competitors, not only from within the United
States but from any and every region of today's global economy. The CEO calls the plays for a team
of tens (and sometimes hundreds) of thousands of workers. All of the actions of every employee and
every aspect of the business must be coordinated and integrated to produce the cars, computers or
CAT scanners that yield profits to the company. It is the CEO who is responsible for that integration.
To successfully steer a corporation across the span of years by integrating its strengths toward the
goal of creating wealth, requires from the CEO exceptional thought and judgment. Excellent CEOs
are as rare as MLB–caliber pitchers or NFL–caliber quarterbacks. And in the business world, every
day is the Super Bowl. There is no off–season or respite from the need to perform at one's peak.
Given the effect a CEO can have on a company's success, we can understand why their
compensation packages

Salary And Performance Of Offensive Players On Major...
INTRODUCTION
This project investigates how salary and performance of offensive players in Major League Baseball
are linked. We believe this is an interesting problem because it is traditionally believed that
professional athletes play with hopes of earning a high salary, yet it often seems a batter's
performance is not linked to their salary (Jensen). Therefore, it seems as if the link between a
player's performance and their salary is different than their true performance. Performing a statistical
analysis of this conundrum will give us great insight as to if it is accurate to say that performance
changes salary drastically. Studies that prior statisticians have done differ from this study because
their studies focus on salary and team performance rather than on the performance of individual
players (Jane). Our study focuses on salary and individual performance in the current season. While
there is extensive data on both game performances in the MLB and salaries, we can contribute to the
statistical community by comparing how salaries are affected by different performance indicators
for randomly selected individual players. Essentially, our hypothesis is an examination into how a
batter 's game performance affects salary. We expect that the better a player's statistics are, the
higher their salary will be.
KEY RESULTS:
Upon beginning this project, our team hoped to discover which batting statistics resulted in higher
salary for players. Knowing this we could

All for One
Team F | FastCat | Compensation and Rewards | | Spring 2011 | Intro FastCat's priority is to increase
revenue and the new pay structure will accomplish that goal in the long run. The new, cost
containment, policy rewards, among other things, behavior aligned with FastCat's objectives. This in
turn will increase revenue, innovation, and customer satisfaction. This new system will need to be
assessed over time to make improvements. Choosing a multiple job structure with a person–based
pay will allow FastCat to utilize a hybrid structure. We have decided to lead with pay in the more
critical jobs and match with the remainder jobs which include low skill or are entry level positions.
We have assessed present salaries, created a ... Show more content on Helpwriting.net ...
To offset this, we have designed a merit and bonus plan. Merit Plan The merit pay will increase
FastCat expenses; however, it will be worth the cost as the employees who received pay increases
will receive raises based on merit. Only 68% of FastCat's employees will receive merit pay; that is a
$28,769 increase. Providing bonuses for workers, who perform their jobs effectively, according to
measurable criteria, should increase overall performance within FastCat. According to the original
merit plan, the rating system used valid and valuable criteria but the uneven distribution suggested
its extreme leniency. Over 68% of the employees exceeded expectations (Appendix 3.2.1 – 3.2.2).
To correct this, FastCat should implement a 360 degree feedback program. This will not only
encourage teamwork, but it will give employees clarity and challenge them to improve. This directly
supports FastCat's goals of controlling costs, increasing revenue, and creating a team oriented
culture The new merit distribution is stricter and has a forced distribution that should help control
costs (Appendix 3.2.3). Indeed, merit plans are susceptible to bias. If this occurs, FastCat should
consider hiring outside auditors to assess individuals at the company. For now, the 360 degree
program should prevent and/or alleviate such issues. Communication is key in implementing this
new plan as sometimes

Business Manangemnt
–––––––––––––––––––––––––––––––––––––––––––––––––
Compensation Management
Compensation Management is an organized practice that involves balancing the work–employee
relation by providing monetary and non–monetary benefits to employees. Compensation includes
payments such as bonuses, profit sharing, overtime pay, recognition rewards and sales commission.
Compensation can also include non–monetary perks such as a company–paid car, company–paid
housing and stock options. Compensation is an integral part of human resource management which
helps in motivating the employees and improving organizational effectiveness.
Total compensation has three parts:
Base compensation
The fixed pay an employee receives on a regular basis, either in the ... Show more content on
Helpwriting.net ...
A fixed sum is paid every month to cover a part of traveling charges * Incentives: Incentive
compensation is performance–linked remuneration paid with a view to inspire employees to work
hard and do better. Both individual incentives and group incentives are used. Bonus, profit–sharing,
commissions on sales are some examples of incentive compensation * Fringe Benefits/Perquisites:
These include employee benefits such as provident fund, gratuity, medical care, hospitalization,
accident relief, health and group insurance, canteen, uniform, recreation and the likes.
Bonus:
The bonus can be paid in different ways. It can be fixed percentage on the basic wage paid annually
or in proportion to the profitability. The Government also prescribes a minimum statutory bonus for
all employees and workers. There is also a bonus plan which compensates the Managers and
employees based on the sales revenue or Profit margin achieved. Bonus plans can also be based on
piece wages but depends upon the productivity of labour.
Non Monetary Benefits:These benefits give psychological satisfaction to employees even when
financial benefit is not available. Such benefits are: (a) Recognition of merit through certificate, etc.
(b) Offering challenging job responsibilities, (c) Promoting growth prospects, (d) Comfortable
working conditions, (e) Competent supervision, and (f) Job sharing and

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