Unsure of legal obligations in designing a total compensation plan, a client has asked you, as a human resources consultant, to explain how certain laws and regulations affect total compensation in their organization. The client’s organization employs 200 people, is a federal contractor, and operates in the biotech industry.
Write a no more than 2-page paper providing examples of laws and regulations influencing total compensation.
Analyze similarities and differences in total compensation between this organization and other organizations in different external markets.
Discuss at least two examples that illustrate such similarities and differences.
Draw conclusions based upon Readings of, Martocchio (2015) and/or Milkovich, Newman and Gerhart (2015), personal experience, and data collected from organizations.
Integrate and apply week 1 readings, Strategic Compensation, Martocchio (2015) and/or Compensation 9h Edition, Milkovich, Newman and Gerhart (2015), throughout paper. Summarize and cite information using your own words. Direct quotations should be avoided.
Research should be summarized and synthesized using your own words; be certain to cite sources of knowledge.
*****Response must be consistent with New APA guidelines complete with detailed intro and conclusion, subtitles for each section, in-text citations as well as reference page. *****
