Total compensation plan
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 350- to 700-word paper (in third person voice) 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.
Format your paper consistent with APA guidelines.
ORIGINAL WORK ONLY
…………………..Answer Preview………………
Introduction
The Total Compensation laws are legislations created, defined, and revised in offering nondiscriminatory work environments to employees. Compensation laws and regulations include federal, state, and local employment and tax laws which impact on employee compensation. Such laws define various issues related to pay, such as the influences of how much to be paid, as well as the general compensation benefits plans. These include the Fair Labor Standards Act (FLSA), Equal Pay Act of 1963, Consumer Credit Protection Act of 1968, the Employee Retirement Income Security Act of….
APA
509 words