Large Firms and Wages Essay by capital writers

Large Firms and Wages
A discussion of whether large firms actually pay higher wages.
# 29213 | 1,476 words | 8 sources | MLA | 2002 | US
Published on Jul 16, 2003 in Business (Management) , Business (Human Resources)

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This paper evaluates why large companies seem to pay higher wages than smaller companies both in low level and high level positions. It looks at how large companies can also afford to offer employees better monetary and benefits perks than smaller firms. It also discusses how many large corporations often tumble under the weight of a declining economy causing hundreds and even thousands of workers to lose the monetary stability they count on as a result.

Wage Data Results
Alternative Theories
Analysis of Wage Discrepancies
Solutions/Policy Changes for the Future

From the Paper:

"The Iowa Business Bulletin recently featured an article by John Schoengrund, an HR Consulting Manager that stated that smaller firms are having a difficult time in the current economy attracting quality workers in part due to wage issues. According to Schoengrund, "large firms are already paying higher wages for higher-skilled workers. Sometimes they even pay higher wages for lower-skilled candidates" (Schoengrund, 2003). When most companies are experiencing declining revenues, smaller companies are finding it difficult to keep up with their larger counterparts. Many simply can't afford to offer wages even close to those larger companies currently offer."

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