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Problem Based Learning

References for Investigation

Biz/ed has provided the following references for investigation to help you research the problem. These are suggestions only and are not the only sources you may wish to use; indeed, you are not obliged to use any of them!

Web sites

• Hewitt unveils 'fat cat' pay strategy - from the BBC (http://news.bbc.co.uk/1/hi/business/2958208.stm)
• Hewitt's about-turn on fat-cat pay stuns industry - from Times Online (http://www.timesonline.co.uk/article/0,,5-1123318,00.html)
• Fat cat pay 'harms big business' - from the BBC(http://news.bbc.co.uk/1/hi/business/3243290.stm)
• Time to thin down fat cat pay - from Personnel Today (http://www.personneltoday.com/Articles/2004/02/17/22414/time-to-thin-down-fat-cat-pay.html)
• Fat cat pay - who cares? (http://www.management-issues.com/2006/8/24/research/fat-cat-pay.-who-cares.asp)
• Fat-cat pay surge widens gap (http://www.thisismoney.co.uk/news/article.html?in_article_id=413219&in_page_id=2 )
• Fat cat pay soaring away - from the Socialist Worker (http://www.socialistworker.co.uk/article.php?article_id=5051)
• It's Bonus Season On Wall Street - from the New York Times archive (http://query.nytimes.com/gst/fullpage.html?res=9E01EFDC1F3CF931A25751C0A961958260)
• City Expects Exceptional Bonus Season (http://www.onrec.com/content2/news.asp?ID=13388)
• Bonus Season Boom: Hogwash? (http://www.curbed.com/archives/2006/11/22/bonus_season_boom_hogwash.php)
• Quick-footed bankers enjoy spoils of the bull market fight - from the Telegraph (http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/11/07/ccbonus07.xml)
• Labour Costs [PDF, 120KB] (http://www.statistics.gov.uk/downloads/theme_labour/LabourMarketReview/LMR_ch6.pdf)
• Average earnings - from National Statistics Online (http://www.statistics.gov.uk/cci/nugget.asp?id=10)
• Biz/ed presentations on the labour market:
  • Supply and Demand for Labour (http://www.bized.co.uk/educators/16-19/economics/wages/presentation/labmarket1.ppt)
  • Influences on the Labour Market (http://www.bized.co.uk/educators/16-19/economics/wages/presentation/labmarket2.ppt)
• Archived 'In the News' on pay levels in 2001 (http://www.bized.co.uk/cgi-bin/chron/chron.pl?id=1113)
• Other ITNs on 'fat cat pay':
  • 2 July 2004 (http://www.bized.co.uk/cgi-bin/chron/chron.pl?id=2150)
  • 31 July 2003 (http://www.bized.co.uk/cgi-bin/chron/chron.pl?id=1939)
  • 13 April 2002 (http://www.bized.co.uk/cgi-bin/chron/chron.pl?id=1399)
• Motivation - Biz/ed presentation (http://www.bized.co.uk/educators/16-19/business/hrm/presentation/motivation.ppt)
• Directors' Pay: A Fair Deal? - Biz/ed Level 2 resource(http://www.bized.co.uk/educators/level2/people/lesson/directors1.htm)
• Employee Motivation: Theory and practice - excellent set of notes (http://www.accel-team.com/motivation/index.html)
• Notes on marginal revenue product (http://www.oswego.edu/~economic/eco350/chap3.htm)
• Labor Demand and Finding Equilibrium - from Spark Notes (http://www.sparknotes.com/economics/micro/labormarkets/labordemand/section1.html)
• Top M&A lawyer defends high executive pay - from Reuters (http://today.reuters.com/summit/summitarticle.aspx?type=summitNews&summit=InvestmentBankingSummit06&storyid=2006-11-13T232601Z_01_N13202652_RTRUKOC_0_US-FINANCIAL-SUMMIT-PAY.xml&src=111406_0748_FEATURES_reuters_investment_banking_summit)
• Top bosses earn almost 3 mln a year - from Reuters ()http://today.reuters.co.uk/news/articlebusiness.aspx?storyid=2006-11-23T151453Z_01_L23859491_RTRUKOC_0_UK-BRITAIN-EXECUTIVES-PAY.xml&type=businessNews&WTmodLoc=Business-C3-More-2
• Wall Street green season can be a mean season - from Reuters (http://today.reuters.com/summit/summitarticle.aspx?type=summitNews&summit=InvestmentBankingSummit06&storyid=2006-11-16T181955Z_01_N16403818_RTRUKOC_0_US-FINANCIAL-SUMMIT-BONUSES.xml&src=111606_1351_FEATURES_reuters_investment_banking_summit)
• Strong FTSE 100 performances bolster executive bonuses - Watson Wyatt Report summary (http://www.watsonwyatt.com/europe/news/pressreleases/press.asp?ID=16755)

Books

• Marcouse, I. et al. (2003) Business Studies (2nd Edition). Oxford, Hodder & Stoughton
• Mankiw, N.G. and Taylor, M.P. (2006) Economics. London, Thomson. (See Part 6)
• Sloman, J. (2006) Economics. Harlow, Essex, Longman
• Cramp, P. (2004) Labour Markets. Northumberland, Anforme
• Hale, G. (2001) Studies in economics and business: Labour Markets. Oxford, Heinemann