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Essay / Research Paper Abstract
This 5-page paper attempts to answer the question of whether salaries paid to employees reflect their worth to society. Salaries discussed include teachers and nurses, versus athletes and entertainers. Bibliography lists 4 sources.
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5 pages (~225 words per page)
File: D0_MTsawoso.rtf
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Unformatted sample text from the term paper:
multi-million dollar salaries (Bliss, 1994). He pointed out that while commentators viewed these salaries with alarm, the general public didnt really care. "Executive compensation is the nonstory of the year,"
he said (Bliss, 1994, 88). Athletes earn much more, he points out -- meaning that skewed economics ends up leading to "millionaires on lousy teams and in losing companies" (Bliss,
1994). Sports and entertainment, he points out as well, tend to really put into light societal income inequalities (Bliss, 1994). He puts the blame, overall, on television, influence of the
masses and the fact that athletes have been able to "break the power of the owner cartels" (Bliss, 1994, 89). But the
question here is, are salaries paid to individuals an accurate reflection of their worth to society? At first glance, the answer is "no." After all, professions such as nurses and
teachers, who earn a lot less than athletes and entertainers, do a lot more for society. Athletes and entertainers earn even more than the President of the United States. So
what does that say -- that entertainment is worth more to society than the leader of the entire free world? More than
10 years ago, the Christian Science Monitor, in covering an article about child care workers and the poverty-level wages they received, pointed out that "salaries have to be read as
an indicator of how people are valued." The article went on to express outrage at how child care givers and child care workers salaries were 400 times lower than those
of chief executive officers (Anonymous, 1993). "Are chief executives contributing almost 400 times as much to the public good as child-care givers?" the article asked snidely (Anonymous, 1993).
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