Month: March 2021

There are many things to consider when deciding whether or not to accept a job offer overseas. This week, we discussed what factors are most important when thinking about working internationally.

During this discussion, I had very similar thoughts with my peers with this topic. If given an opportunity to take a job in another country for a certain period of time, there are factors about every aspect that would need to be considered. Almost all of us stated that we would need to asses whether or not the country we would be working in was one that we felt we would be able to fit in. This means thinking about factors such as culture, language barriers, economic and political stance, etc.

In addition, salary is an important factor to consider. Moving to another country would be a huge adjustment, and a relocation package would be important. Depending on the standard of living on the country you are going, salary and benefits would need to be adjusted accordingly.

Lastly, we all mentioned the factor of relationships/stage of life. We all felt less or more inclined on accepting if we were in a stage of life that included serious relationships (significant other, children). Most of us agreed that being in our early twenties was a great time to travel for work.

Throughout this week, we have explored the issue that is executive pay. It has been interesting to analyze all sides of this controversial subject. Personally, I believe executive pay in itself is an appropriate system, however I think it has been extremely stretched past its original intent. Over the last few decades, the difference between executive pay and regular pay has become shockingly large. As we heard in the video, “The CEO is payed so much more than the average worker, they have no idea how the other 99.99% of the world lives.”

Some claim that in order for society to continue to work hard, be motivated, and create jobs, there needs to be one or two people making outlandish amounts of money. While this makes sense, those below the CEO and top executives may argue that they simply aren’t given the same options to increase their profits like they do, primarily through stock options.

By placing a cap on executive pay that will begin to decrease the large disparity, many people will be extremely unhappy. Top executives are confident that they are taking on extreme responsibility in leading an entire company, and deserve that compensation. However, doing this may allow lower level positions to take more risks and climb up the ladder in a different way.

Overall, the topic of executive pay has many factors and opposing sides. I believe that although it is a traditional way of rewarding those who have worked extremely hard, there should be more structure put in place to even out the playing field even slightly.