The article I am writing about for written assignment #1 is called Stock Options for All. The opening bold face print states:
“Increased employee share ownership and less gravy for the greedy few will encourage what every company wants, motivated workers.”
This sentenced pretty much sums up the message the article is trying to get across to the public. It does this by going into detail about how CEO’s of companies and executives have been giving themselves huge stock-option payment packages. It shows the large gap between the level of compensation for executives and regular worker. The article goes a little into the scrutiny that executive pay packages are under. Finally it tells how by spreading some of the wealth around to the workers will provide more output and loyalty for the company.
I really liked this article. It compliments some of the material we went over in class. An example of that was when we discussed money being the top motivator for
The article explains the increase in employee owned stock. It is because people have been finding out where all of the money corporations are go0ing to. One of the figures shoe that CEO’s today make 531 times the average hourly workers pay vs. 85 time that in 1990, and 42 times that in 1980. As you can see the rich are getting richer and the poor get nothing. If you are a worker for a company and not in upper management you have to question your loyalty and why you should work hard when you get nothing as the company makes more and more money. The author of the article believes that companies should use stock options to spread the wealth around to everyone. It says that by ding that it creates a sense of belonging to the company. If you own part of the company you are going to work harder for it. Peter Dougherty had what I felt was a good quote about profit sharing by stock options. It said:
After reading the article and evaluating the decisions that are b