How Much Importance Does The Marketplace Put On Managers
{"Image DocumentName": "How Much Importance Does The Marketplace Put On Managers?", "Image ImageDescription": "Good (effective) managerial skills are a scarce commodity. Managerial compensation packages are one measure of the value that organizations place on managers. Management compensation reflects the market forces of supply and demand. Management superstars, like superstar athletes in professional sports, are wooed with signing bonuses, interest-free loans, performance incentive packages, and guaranteed contracts. Managers are usually more highly paid than operatives. As a manager\u2019s authority and responsibility expand, so typically does his or her pay. So, compensation packages are one measure of the value that organizations place on good managerial skills. Most first-line supervisors earn between  30,000 and  55,000 a year. Middle managers start near  45,000 and top out at about  120,000 annually. Senior managers can earn  1 million or more per year. Reflecting the law of supply and demand, management superstars are wooed with attractive perquisites. \u00a9 2008 Prentice Hall, Inc. All rights reserved.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}