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Pay Gaps, NKF, Business owners vs Employees - Coggle Diagram
Pay Gaps
distributive justice
How organisations
disguise ratio
Who decides on the CEO pay?
Procedural Justice
Option
option to buy a share
at a certain price
NKF
Issues
CEO pay
Fundraising
Strategies
lack of
transparency
needs of NKF
pay issues
misuse of doner funds
Golden Tap
First Class Travel
at the expense
of Shareholder $$
EC need to be
productive after
touching down
Charity
beneficiaries
doners
Board
ensure that charity organisation
fulfils the mission of the charity
must be faithful to the mission
Fund Raising
Strategies
Effective
innovative
increase brand
awareness of NKF
international recognition
Not Effective :
Government Perspective
Too aggressive
smaller charities deprived
of the doner market
Too much money locked
into the charity
Cost-effective 70/30 rules
Gambling
high risk
able to recover cost?
CEO pay
Yes
Pay for performance
comparable to
other healthcare
organisations
No
Charity
organisation
compared to
other charity
organisations
Business owners
vs
Employees
conflicts / tension
understanding that employees
will not give their 100%
don't have the same
risk-taking appetite
Requirement
of a Board
to represent interest of Employees
and Business Owners
Budget created by CEO has
to be presented to the board
Board Approves / Disapproves