Question

In: Operations Management

The differential between the salary of top executives and the lowest paid workers in the same...

The differential between the salary of top executives and the lowest paid workers in the same country is quite small in Japan, at least in comparison to the United States. The same is true in unions (president of union versus union workers). Explain why the differential might be small in Japan and in U.S. unions but much larger in private U.S. corporations.

Solutions

Expert Solution

Economy of the US and the Japan have always vary as the economy vary the organization should managed those resources similarly only the difference is Nonprofits often have unpaid human resources (volunteers), but are managed like employees. To maintain it in the profitable organization refers like paid staff and they should be recruited carefully, and for them the orientation and training process should be considered, and needs to be organized with appropriate personnel and with the suitable supervisors, and each and every employee performance to be monitored and evaluated and should be rewarded for their performance.

In Japan which help to develop plans for individual career development in an organization also other employees in organizations. It is considered as the process for personal formulation of career development plans which helps and motivates employees to do their work efficiently and these plans can be beneficial by the employees who want to look for the further better job prospects and also for them who want to see their growth and development in the particular company. Groups which form the basic management are upper management and the human resource managers these managers take the whole sole responsibility of making sure that business should coincide with the career goals of the employees with the proper skill, experience and knowledge and having balanced working atmosphere which is the prime requisite for employees to provide their best possible work.


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