Business executives should be paid according to a balanced scheme of compensation, if they are to be happy in their work, to receive fair returns for their contributions to society, and to serve their employees satisfactorily, John C. Baker, associate director of Research in the Business School, believes.
In a monograph on the payment of retail executives published today by the Bureau of Business Research, Baker points out that executives must be rewarded in a manner which will develop an appreciation of their responsibilities to society.
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