6: What Employers Owe Employees
- Page ID
- 2642
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\(\newcommand{\avec}{\mathbf a}\) \(\newcommand{\bvec}{\mathbf b}\) \(\newcommand{\cvec}{\mathbf c}\) \(\newcommand{\dvec}{\mathbf d}\) \(\newcommand{\dtil}{\widetilde{\mathbf d}}\) \(\newcommand{\evec}{\mathbf e}\) \(\newcommand{\fvec}{\mathbf f}\) \(\newcommand{\nvec}{\mathbf n}\) \(\newcommand{\pvec}{\mathbf p}\) \(\newcommand{\qvec}{\mathbf q}\) \(\newcommand{\svec}{\mathbf s}\) \(\newcommand{\tvec}{\mathbf t}\) \(\newcommand{\uvec}{\mathbf u}\) \(\newcommand{\vvec}{\mathbf v}\) \(\newcommand{\wvec}{\mathbf w}\) \(\newcommand{\xvec}{\mathbf x}\) \(\newcommand{\yvec}{\mathbf y}\) \(\newcommand{\zvec}{\mathbf z}\) \(\newcommand{\rvec}{\mathbf r}\) \(\newcommand{\mvec}{\mathbf m}\) \(\newcommand{\zerovec}{\mathbf 0}\) \(\newcommand{\onevec}{\mathbf 1}\) \(\newcommand{\real}{\mathbb R}\) \(\newcommand{\twovec}[2]{\left[\begin{array}{r}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\ctwovec}[2]{\left[\begin{array}{c}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\threevec}[3]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\cthreevec}[3]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\fourvec}[4]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\cfourvec}[4]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\fivevec}[5]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\cfivevec}[5]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\mattwo}[4]{\left[\begin{array}{rr}#1 \amp #2 \\ #3 \amp #4 \\ \end{array}\right]}\) \(\newcommand{\laspan}[1]{\text{Span}\{#1\}}\) \(\newcommand{\bcal}{\cal B}\) \(\newcommand{\ccal}{\cal C}\) \(\newcommand{\scal}{\cal S}\) \(\newcommand{\wcal}{\cal W}\) \(\newcommand{\ecal}{\cal E}\) \(\newcommand{\coords}[2]{\left\{#1\right\}_{#2}}\) \(\newcommand{\gray}[1]{\color{gray}{#1}}\) \(\newcommand{\lgray}[1]{\color{lightgray}{#1}}\) \(\newcommand{\rank}{\operatorname{rank}}\) \(\newcommand{\row}{\text{Row}}\) \(\newcommand{\col}{\text{Col}}\) \(\renewcommand{\row}{\text{Row}}\) \(\newcommand{\nul}{\text{Nul}}\) \(\newcommand{\var}{\text{Var}}\) \(\newcommand{\corr}{\text{corr}}\) \(\newcommand{\len}[1]{\left|#1\right|}\) \(\newcommand{\bbar}{\overline{\bvec}}\) \(\newcommand{\bhat}{\widehat{\bvec}}\) \(\newcommand{\bperp}{\bvec^\perp}\) \(\newcommand{\xhat}{\widehat{\xvec}}\) \(\newcommand{\vhat}{\widehat{\vvec}}\) \(\newcommand{\uhat}{\widehat{\uvec}}\) \(\newcommand{\what}{\widehat{\wvec}}\) \(\newcommand{\Sighat}{\widehat{\Sigma}}\) \(\newcommand{\lt}{<}\) \(\newcommand{\gt}{>}\) \(\newcommand{\amp}{&}\) \(\definecolor{fillinmathshade}{gray}{0.9}\)- 6.0: Introduction
- The page discusses the lack of diversity in corporate and regulatory boardrooms, noting that many Fortune 1000 boards still lack gender and ethnic diversity. Women and minorities remain underrepresented at the CEO level, and questions are raised about whether leadership should reflect broader demographics for ethical and business reasons. It suggests that diversity in leadership could influence issues such as workplace harassment and corporate lobbying.
- 6.1: The Workplace Environment and Working Conditions
- The section explores ethical and legal duties that managers owe employees, emphasizing creating a safe and fulfilling work environment free from harassment and discrimination. It discusses the Occupational Safety and Health Act for workplace safety and the Equal Employment Opportunity Commission's role in preventing harassment. The text highlights the ethical responsibility of transparency and advance notice for layoffs and the significance of a satisfied workforce.
- 6.2: What Constitutes a Fair Wage?
- The text discusses various issues and solutions related to fair compensation in the U.S., including the gender pay gap and stagnant wages for middle-income workers. It highlights statistics from CFSI showing widespread financial stress among workers, which impacts business productivity. The text also examines legal and policy efforts to address wage inequality, such as the failure to pass the Paycheck Fairness Act and innovative compensation methods adopted by companies like Gravity Payments.
- 6.3: An Organized Workforce
- This section explores labor union membership trends in the U.S., the concept of codetermination, and the pay-productivity relationship. It highlights the historical and present role of unions, their advantages and disadvantages, and the effects of right-to-work laws. It compares U.S. union membership and productivity with other nations, noting a decline in union membership but high productivity.
- 6.4: Privacy in the Workplace
- The text discusses the ethical and legal considerations surrounding employee monitoring and privacy rights in the workplace. Employers often monitor employees to prevent threats such as theft, data breaches, and lost productivity. However, there is a need to balance these actions with employees' privacy expectations. Various laws, including the Electronic Communications Privacy Act, address monitoring, though with exceptions such as business purposes and consent.
- 6.5: Summary
- The page discusses various aspects of the workplace environment and conditions. It emphasizes the importance of providing a safe, respectful, and attractive work environment through ethical actions, fostering employee satisfaction, and driving business productivity. It touches on the complexity of ensuring fair wages, noting issues like the declining real value of minimum wage and gender pay gaps.