Build your professional network on facebook via our app Go to app
 
<< Prev  5 of 6 in Topic  Next >>
Posted in Community :

HR Professionals

 
Created by : Renne Sharma, HR Analyst, ABC Consulting  | 02 14 2011 06:45:41 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Organizational Development(People Management)
Activity:  409 views;  last activity : 08 13 2011 15:16:54 +0000

Now its a very big question and matter of worry that should the employees of a company decide what should be the salary of their managers and CEO's......

Companies have realized that employees are the important aspect of their business and cant be taken for granted. So, should employees be involved in deciding the salaries??

 
 Refer 1533
Share
 
 
  Rate : 
 
 
Yes Vs No
5
 
 
 
 
13
3
9
Support   Support
Top Argument
3
1

Really an excellent and fruit yielding discussion.

Reena in my views the packages to senior managers must be decided by the company employees. Not only this even the CR of such departmental heads should be based on the routine marks given by the employees. To ascertain this there should be weekly feed back from the employees which should contain points/ columns based on various aspects, personality, relationship, leadership and allied qualities of the seniors to evaluate the seniors. This will establish a wave of fear among the seniors as presently seniors are in practice and presumption of being next to the employer.

The above CR would be helpful in deciding the salary / increments of the seniors apart from their personal abilities and outputs. Here it would not be out of place to mention that a all rounder manager would be really productive for the company in lieu of a person who is good for his own qualifications and responsibilities , thereof and does not concern his subordinates as unavoidable asset to the results produced by him.

I strongly support that the employees MUST decide the salary of CEO's and Senior Managers.


By Akhilesh S Joshi, India Coordinator  02 14 2011 08:33:14 +0000
 
Top Argument
5
0

MY ARGUMENT for NO:

No doubt, employees form an important part of the the capital assets, known as Human Capital, of the company, BUT

1) If companies can make the Sun to start rising from the west, then they can make their employees to be involved in deciding the salaries of their Managers and CEOs.

2) Also, if the companies are the believers of the communism, they can do so.

3) Still further, if the companies are the believers that no command should remain there and the managers should not be made accountable for the productivity, they can go ahead with the proposed idea.

HOWEVER, the companies must start taking not only the feedback of their employees about the leadership qualities, attitudes, management capabilities and employee relationship, etc., to judge the leadership characteristics & traits of their managers and CEOs, but also get their active involvement in the decision-making process. BUT, it is neither advisable nor possible to make the employees decide about the salaries of their Managers & CEOs. Needless to mention, salaries of the CEOs are decided by the stake holders, i.e., the shareholders of the companies and he salaries of the managers are fixed by the Boar of Directors who are selected by the Shareholders.

If the employees are made to decide about the salaries of the CEOs and Managers, the question would arise, "WHO SHOULD DECIDE ON THE SALARIES OF THE EMPLOYEES?

Should the employees start deciding upon their own salaries, or the CEOs should decide upon the salaries of their employees?



By PS Dhingra, CEO & Vigilance & Transformation Management Consultant, Dhingra Group of Management & Educational Consultants  02 21 2011 07:14:45 +0000
0
1
I strongly support the argument. Also, a point to consider along with the argument is that the credentials/details of the employees, who are involved in such decisions, are kept confidential and positive actions are taken on the basis of the feedback, then ONLY the feedback will bring in good results. This will further help us in creating a good corporate world. Thanks for inviting, Renee!
By Vikhil Aggarwal, Test Publisher, Asia Pacific, Pearson VUE  | 02 15 2011 05:34:31 +0000
2
0

I believe they should be. As time has changed employees are getting more involved in decision making and other business solution providing. The involvement of employees will put a check on excess salary drawings and make the top management people to do justification to their work.......


By Renne Sharma, HR Analyst, ABC Consulting  | 02 14 2011 06:45:41 +0000
0
0
I should say NO.. Employers cant decide the salaries of their superiors....
By Revathy Venkitesh, Traffic Assistant, Global Aviation & Services Group  | 02 20 2011 00:20:12 +0000
0
0

Very well said Dhingra Sir. I am agreed with your views.


By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 02 15 2011 08:41:22 +0000
0
0
Not a question to be asked here at all ...
By Manjunath S, Business Development Manager, Ligature Software  | 02 14 2011 12:17:10 +0000
0
0
This is just like a kid wants to fix his dad's pocket money.
By Aditya R. Upadhyay, Site Incharge (GM), Focus Energy Ltd.  | 02 14 2011 11:04:07 +0000
0
0
NO way, the CEO's and managers have a company to run and moreover their salaries are monitored by the shareholders and the market. Most employees will not have the expertise to do so and after all employees are not more important than the organisation.
By Satadru Shastri, Partner, Mukherjee & Shastri  | 02 14 2011 10:50:50 +0000
0
0
I completely agree with Mr. Dhingra. Addition to the same argument, most of the people jumping jobs today only jump because they want more money. they dont even know their own capabilities and they dont even know if they are actually worth what they are asking for. They wanna jump cause someone in their group got a better package and they didnt; so what to do if this company is not giving me a better package? i will find someone who does. Not totally wrong but come on, you gotta sometimes thing why the company is not offering a better package to you and does to others? there has to be a reason right? and most of the times its logical. Now; coming back to the point, if these kinda people start deciding their bosses salary, the bosses/good loyal and intelligent staff will not be paid enough and will not be appreciated. Whats the point? and yeah, Politics in the corporate arena is no less then out in the open world. so i guess this is a bad bad suggestion/idea as its just gonna complicate the whole corporate environment to an extent that the workplace will always be a war zone ! (and my previous point in one of the arguments on too step was that employees always think they are better then their bosses, :))
By Ashish Gandhi, CEO/MD/Director, Creative Director, PostBox Communications  | 02 14 2011 09:42:13 +0000
0
0
I totally agree with your views Mr. P S Dhingra.
By Tanima , First Medical Services Pvt. Ltd.  | 02 14 2011 07:53:55 +0000
1
0
I want to support no, as this is not the right way.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 02 14 2011 07:20:44 +0000
Leading recruitment consultants for Middle East Jobs
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
Recently we are seeing news like IIM Kolkata MBA graduate got a whopping 1.4 cr package and...
 
1655 referals 48 arguments, 9232 views
Choosing a profession can be hard, choosing a job can be even harder. Today's job market is not...
 
0 referals 3 arguments, 300 views
salary vs job role
 
3635 referals 43 arguments, 1122 views
more...  
Recent Knowledge (4)
WE HAD A GOOD NUMBER OF INVENTORS WITH GREATER VISION ABOUT THE SOCIETY. INVENTORS HERE NEED NOT...
 
2 referals 2 arguments, 97 views
C vs B
 
0 referals 3 arguments, 51 views
MNC's should take in more freshers vs Do not take freshers
 
1 referals 2 arguments, 161 views
more...  
More From Author
Many of us use facebook. Job hhunting on facebook does not look much believable and we are forced to think that will it work? Still there are few things which can be done to atleast increase our possibilities. 1. Join right communities and...
Ok now you might like s/w field but might not suit you. So what try and figure out what are you good at. Do not think about money. Once you have figured out make yourself best in that field and money will follow.
Ok now you might like s/w field but might not suit you. So what try and figure out what are you good at. Do not think about money. Once you have figured out make yourself best in that field and money will follow.
more...