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You are President of Golden Shore Bank, NA., an Idaho corporation. There are sev

ID: 380994 • Letter: Y

Question

You are President of Golden Shore Bank, NA., an Idaho corporation. There are several issues that you face on Monday morning. Please work through the issues below:

(D)   Golden hires Paxton Freure from East Germany. Golden decides that it will pay Paxton $92K a year. Golden hires Beverly Long at the same time for a similar job. Paxton pays Beverly $225K. Golden’s compensation and hiring policies pay minority applicants more based on diversity and if they are non-smokers. Please discuss relevant issues.

Explanation / Answer

The major issues on hand here are the following: