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Describe the impact you think the bill/resolution, if enacted, would have on the organization and on its employees

Describe the impact you think the bill/resolution, if enacted, would have on the organization and on its employees. Some suggestions include:

Fair pay
Equal pay
Unemployment insurance
Employee ownership
Affordable Care Act
Employer sponsored health care
Living wage
Pay discrimination
FLSA (Fair Labor Standards Act)
Minimum wage
FMLA (Family and Medical Leave Act)
vacation
Employee health care
Prevailing wage
ERISA (Employee Retirement Income Security Act)
Pensions
Health insurance portability
Collective bargaining
Card check
Clawbacks
Wage differentials
Wage inequality
CEO/worker pay ratio
In a previous executive pay scandal, a law was passed which limited executive base pay to no more than $1 million. (An organization could pay more, but could not deduct the excess from its taxes as a business expense.) Employers could pay performance-based bonuses and give stock options, however, since (presumably) these payments would motivate executives to high performance and increased share prices (good for all employees, shareholders and the economy in general). Of course it also motivated executive to cut corners and behave unethically (and criminally) to simulate high performance and to drive up share prices. What unexpected consequences might the bill/resolution you study have?


 


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