Explain Why People in the Following Occupations Are Compensated as They

question 60

Essay

Explain why people in the following occupations are compensated as they are.
a.Insurance agents
b.Football players
c.Authors
d.CEOs of major corporations
e.Food servers

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Definitions:

Growth

An increase in the size, revenue, and capabilities of a business or an economy over time.

Development

The process of improving the capacity, skills, and abilities of employees through various learning methods for personal and organizational growth.

Succession Management

The method of recognizing and cultivating new leaders to take over when existing leaders depart, retire, or pass away.

Shareholder Value

The worth delivered to shareholders as a result of the management's ability to grow earnings, dividends, and share price.