Franklin, Charles B. Jr.

This thesis reports on how companies compensate
employees. It deals with the factors that influence direct
and indirect compensation and what special benefits and perquisites
are made available to wage and management employees.
A multiplicity of influences plays upon any determination
of wages for the individual and the organization.
These forces vary so in their impact that any static approach
to wage criteria is misleading.
The executive employee's compensation must contain
both financial and non-financial elements designed to supply
the urge, stimulus, and encouragement to improve profit performance
and enhance the growth, expansion, and progress of the company.
Since each form of compensation has both advantages
and disadvantages they must be carefully weighed if they are
to meet the short-term and long-term objectives of both the
company and the employee.

This paper was intended as an exploratory look into the problems
of environmental control with special attention given to its costs
and effects on business and society. Since I had no concrete bypothesis
with which to begin the paper, I chose to use exploratory
research. Pollution is current, however, and I felt that there
was a particular problem concerning pollution and how much it will
cost. After a survey of the experts in the field and their proposals,
I found some very definite trends. I found the general feeling to
be that there is a growing conflict concerning just who is going to
pay for pollu~ion control. Whoever pays for the costs, I found that
the present market structure does not properly account for the costs
of pollution control. These findings led me to the conclusion that
pollution control is more of a problem than I suspected and that it
deserves more complete analysis as to possible solutions.