Salary Gap Assignment
According to Gerhart and Newman, national “pay systems differ around the globe and that the differences relate to variations in economic pressures, sociopolitical institutions, and the diversity of organizations and employees” (2015, p. 586). HR professionals rely on comparisons to guide decisions and in this case, comparing national pay systems may provide insight into possible future trends and changes to compensation strategies.
To complete this assignment, review the Learning Resources for this week, and other resources you have found in the Walden Library or online, then respond to the following bullet points in a 3- to 4-page paper:
Examine the difference in salary between top executives and the lowest paid workers in the same country is quite small in Japan. The same is true in unions (president of union versus union workers).
Analyze why the differential might be small in Japan and in U.S. unions but much larger in private American corporations and in Germany.
Develop arguments for and against “typical” Japanese-style, “typical” German-style, and “typical” U.S.-style approaches to pay. Using the Global Guide found in Chapter 16 of (Gerhart & Newman, 2022), what factors are causing each approach to change?
