Reflective Report On Class Debate Essay Example | Topics and Well Written Essays - 1000 words

Reflective Report On Class Debate - Essay Example The report concludes with the learning outcome on how arguments over a topic are developed, structured and evaluated in a debate. Discussion The motion of the report was that the companies should have limits or makes a fixed value for the wage of the senior management in the companies. My team members were against the motion of the debate i.e. the companies should not put limits or doesn’t make a fixed value for the remuneration of senior management in their compensation policy. First, my team members worked hard in identifying the possible arguments that supports our point of view and go against the topic of the debate. Secondly, my team members organise and structure the arguable points in the most meaningful manner that convinces the opponent debating group. My group members would have worked better if we had used some known evidence or statistics from literature and research. My Team Members’ Argument The key points developed in support of the argument were to discu ss the idea and purpose of the compensation system and policy, addressing the worth of senior management for companies in a broader context, the changing perspectives on the reasons why management wages are not kept fixed, and identifying reasons that justify the extended worth of senior management. Before arguing over the topic, it is important to first understand the rationale behind the wage system and policy of companies. The compensation policy by which companies reward their employees is not a mere system of paying off workers for their time and efforts, rather a compensation policy is often a strategic competitive edge by which companies retain the human capital to their organisations for a longer period of... This paper approves that the key points presented by the opponents were that wage discrimination leads to professional jealousy, influences motivation, detainment of financial resources around senior management and that performance criterion are reflective of job description, responsibility and skills. The other side argued that the companies should have limits for wages of senior management, as this wage discrimination creates a negative internal competition, decreases employee motivation and professional jealously amongst the lower and top management employees. Management personnel and seniors in a company serve as assets because; one, there is no substitute of experience; second, the cost of attracting new talent is too stupendous than retaining the old ones. This paper makes a conclusion that when preset performance standards systematically justify the professional worth of every individual irrespective of the management level then what is the reason for delimiting the wage scale for senior management on behalf of their extended worth? It is an unfair company policy which consumes a large proportion of organisational financial resources for around a small group of individuals. This limits a company’s ability to leverage and transfer benefits to a major portion of employees working for that company. The strength of the argument was it develops logical link between the supporting statements, though the researchers and authors have commented on both the arguments and there is no right conclusion for this debate found in the research.