Amazon analysis Essay Example | Topics and Well Written Essays - 750 words

Amazon analysis - Essay Example We regard this action as a negative reinforcement that Amazon leadership apply on their employees. In the article, â€Å"Amazon Lawsuit Filed for Unpaid Integrity Staffing Overtime Wages,† Jesse Busk, who is a former employee at Amazon, exposes the odds that workers face at the warehouse. After a 12-hour shift in the warehouse, he is incapable of going home early because security checks take more than 30 minutes. Moreover, the company does not pay for the lost time. The managers expected that the security checks could prevent employees from stealing and that they would stop this checkpoint when stealing stops. Nevertheless, this concept sometimes leads to undesirable behavior. For instance, employees get angry because there is no extra wage since the waiting time is long after a busy day. Another problem with Amazon’s leadership is that Amazon employees do not receive rewards for their performance. According to the careers page on Amazon’s website, Amazon states that â€Å"At Amazon, we offer employees the chance to work with great people on exciting projects with lots of opportunity for growth. We also provide a full range of benefits for you and your eligible family members (including domestic partners).† Amazon commits to pay a salary that is 30% higher than their competitors and innovative programs to its employees. It sounds attractive, but the reality does not reflect their commitment. In fact, employees start to complain about the working conditions at Amazon soon after employment. In the article "I Do Not Know One Person Who Is Happy at Amazon", a current employee complains that no employee feels satisfied at Amazon. The employee is frustrated because he feels that Amazon uses him and does not appreciate his hard work. He mentions the high employee turnover, tough working condition and boring atmosphere at Amazon. He reports that he feels completely exhausted due to the extreme

Agency theory and the question of shareholder primacy Essay

Agency theory and the question of shareholder primacy - Essay Example As a way of dealing with such unhealthy tango that normally exists among owners and controllers such as shareholders, the corporate governance is usually used to structure and clarify the distribution and use of power among all stakeholders within the modern firm (Waitzer and Jaswal 480). In this paper, the role of corporate governance and law in general in ensuring effective power relationships among competing groups within the organization is reviewed from two perspectives. These perspectives are agency theory and shareholder primacy. As part of the review of the two perspectives, key debates in literature on perceived problems and benefits associated with agency theory and shareholder primacy will be discussed. Based on the review, a conclusion was taken that shareholder primacy fails to be a credible source of solution to most forms of conflicts and unrest that exists among various stakeholders within the organization and outside of it. This is conclusion is taken based on the fa ct that shareholder primacy seeks to prioritize the interest of shareholders only and thus create uneasiness with other stakeholders. In common-law based countries such as the US and the UK, power struggle has been identified to be very common because of the separation between ownership and control. As a result of the separation, anxieties of corporate control have often been created between owners and shareholders, bringing about corporate tensions that affect the running of organizations negatively (Jensen and Meckling 309). Unlike civil-law framework countries, the UK and US promote more diversified shareholder basis through delivering good security of minority shareholders (Mallin 11). In most corporate organizations, owners and shareholders have often looked over their shoulders, suspecting that the other person may be having some advantages that help serve their personal interests rather than the