Assignment:Orginizational objectives and total compensation
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 700 to 1,050 word paper (in third person voice) which provides examples of laws and regulations that influence total compensation.
Q1 Analyze similarities and differences in total compensation between this organization and other organizations in different external markets.
Q2 Discuss at least two examples that illustrate such similarities and differences.