Essay Homework
Imagine you own or manage a company. Your company recently completed a strengths, weaknesses, opportunites, and threats (SWOT) analysis, and the board of directors is looking to revise the company's compensation program. Doing so will help keep the company competitive in attracting new talent. As part of the human resources department, you were asked to draft an essay describing how compensation programs are developed and how laws can affect compensation practices.Your essay should be a minimum of two pages in length, using at least your textbook as a source. Be sure that your essay includes the following elements:
1) In your introduction, create a fictitious name for your company, and include some basic background information such as where the company is located, when it was founded, and how many employees work at the company. Do not use an actual company for this essay.
2) Describe issues that influence an individual's decision to apply for or accept a specific job at your company.
3) Explain how compensation plans can influence the success of your organization.
4) Explore how influences outside your organization can affect its compensation plan.
5) Describe the provisions of the Civil Rights Act of 1964, the Bennett Amendment, and Executive Order 11246, and explain why these were implemented and how they affect your company.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.