Research Paper Assignment

HRM 6632

 

I.                    Topic: CEO pay at Caterpillar and John Deere

II.                  Objectives:

a.       Practice, assess and improve research skills

b.      Practice, assess and improve written communication skills at level 12+

c.       Practice project management skills to produce professional quality on-time deliverables.

III.                Target Audience: As a Compensation Consultant, you have been hired by the National Association of Manufacturers to evaluate the appropriateness of Caterpillar and John Deere’s CEO compensation packages and the firms’ communication of their packages

IV.                Structure:

a.       Introduction: the importance of CEO pay for the stakeholders of Caterpillar and John Deere

b.      Literature Review (2 – 4 paragraphs); Identify Issues

                                                               i.      Shareholder Reports & Public

                                                             ii.      Professional Press:

                                                            iii.      Popular Press: up to two (2) in introduction

c.       Compare and Contrast the approaches of Caterpillar and John Deere to CEO Pay addressing questions like:

                                                               i.      Which stakeholders appear to be valued by the Board and it’s Compensation Committee? Why?

                                                             ii.      Which firm’s communication is clearer and accessible?

                                                            iii.      Which firm’s rationale for its CEO compensation package seems more logical and winsome?

d.      Evaluation and Recommendation

V.                  Deliverables: Please Check ‘Course Schedule’ (red) and weekly ‘Assignments’ for deliverables and dates: Weeks 2, 3, 4, 6 and 7.

VI.                ‘Learning Resources’: Grading Rubric; Company & Industry Research; and MSWord Setup

 

Suggested references for background, but, not for your twelve (12) references:

http://www.nam.org/About/Board/Doug-Oberhelman/

http://www.rockproducts.com/blog/manufacturers-in-focus/12312-deere-a-co-achieves-gold-status.html#.VdzRP_lViko

 

 

  

 

 

 

 

CEO Pay at Caterpillar and John Deere

Raven S. Mitchell

April 17, 2016

HRM 6632

Dr. Hoover

Troy University

 

Introduction

            The current CEO pay system contributes to the undermining effects of pay discrimination, leaves employees and consumers to believe that the pay system is against them and has a short-term focus instead of long-term growth. When the organizations strengthen the presence of the stakeholder value introduction, CEO pay expands the ensuing year. Studies have suggested that executive pay has assumed a critical part in giving motivations to top administrators to settle on the main choices that fit in with the stakeholder value amplification principle. The position of corporate CEO is a moderately new one in the history of American business, and CEO pay has been dubious for the majority of that time. CEO pay likewise plays a significant role in the broadest trend toward radical imbalance a trend that, proof has appeared, precipitates economic instability in turn. The potential essentialness of outsiders view of a CEO's pay and of outrage expenses explains the significance of yet another building square of the administrative force approach camouflage. Stakeholders are described as the further participants in controlling and isolations the tasks of CEO and chairman so that their pay and work efficacy can be differentiated. CEO pay has been questionable in the United States for over a century for whatever length of time that corporate administration has been a calling separate from possession (SUSAN HOLMBERG, 2014). As a compensation consultant of my company, I will evaluate the appropriateness of Caterpillar and John Deere’s CEO compensation packages as well as the firms’ communication of their compensation packages.

Literature Review

Shareholders Reports and Public