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What recourse is available to managers and executives earning a monthly salary of less than $4,500?

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Final answer:

Managers and executives with a monthly salary below $4,500 can file a lawsuit for employment discrimination, assess their total compensation package, and consider the possibility of salary renegotiation after a specific period within the company.

Step-by-step explanation:

Managers and executives earning a monthly salary of less than $4,500 have several options available to them to ensure fair compensation. One such option is the possibility of filing a lawsuit against an employer for employment discrimination in compensation. This legal recourse was demonstrated by the legislative outcome of the Ledbetter v. Goodyear Tire and Rubber Company case. Besides legal actions, managers and executives can explore negotiation opportunities within their companies. Assessing the total compensation package is crucial to determine whether it adequately compensates for the low base salary. It may include benefits such as health insurance, retirement plans, and bonuses. Additionally, there should be an option to renegotiate salaries after a period, typically 6-12 months, which could help increase earnings over time.

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