GB 6324 - Executive Compensation

We now live in a “winner take all” economic environment where the dispersion of pay and other rewards between the “winners,” who have marketable skills, and the others, whose skills are not in demand, is growing farther apart. Executives, managers, technologists and others with rare and hard to replace skills are being rewarded like “one of a kind” athletes and media stars in the labor market. This trend of high pay for high potential employees is the most developed in the United States, but other countries who compete with the U.S. for talent are also adjusting their pay policies to cope with this world-wide phenomenon. This course will explore this trend from economic, management, ethical and legal perspectives.

3 credits