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1. Review chapter 6 and 8.4 in the textbook and a few of the optional resources.
1. Review chapter 6 and 8.4 in the textbook and a few of the optional resources. 2. Choose two different states and cities in the US (e.g., Miami, FL and Columbus, OH) and research the average cost of living in each location. (You can use online tools such as Numbeo Links to an external site. or Best Places Links to an external site. to compare the cost-of-living indices). Note that ‘fair wages’ are typically assessed based on the average compensation for the work and the cost of living by location. 3. Using current industry reports or career websites like Glassdoor Links to an external site., research wages in your field of interest. Document sources with a citation for the current range of wages. If possible, include wages for women versus men, which may or may not be the same. (You can also use PayScale Links to an external site. or com Links to an external site. to find salary data by gender and location). 4. Write a short essay paper (about 450 words) that includes the following sections: a. Are the wages in your field fair? This section (about 300 words) should answer this question from two different ethical perspectives or theories (e.g., virtue ethics, utilitarianism, deontology, consequentialism, corporate social responsibility, and stakeholder theory). You can also use other ethical theories that you have learned in the class, but make sure to explain them briefly and cite your sources. In your essay, incorporate both employer and employee perspectives, outlined below. * Articulate an employer perspective in setting wages, applying one ethical theory of your choice. Explain how the theory would justify or criticize the current wages in your field and location. Provide examples and evidence to support your argument. * Articulate an employee perspective of average wages typically offered in the two locations you researched, applying another ethical theory of your choice. Explain how the theory would evaluate or challenge the fairness of the wages in your field and location. Provide examples and evidence to support your argument. 5. Reflect on your professional goals. Describe your goals and views on wages in your field and share any changes or new insights based on what you learned in this assignment. This section (about 150 words) should summarize your main points and conclusions.
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