HRM 324 (Total Compensation) Entire Course -
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Week 1 Individual Assignment Legal Issues in Compensation
Assume the role of a human resources (HR) consultant. Unsure of legal obligations in designing a total compensation plan, a client has asked you 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 discussing at least 3 laws/regulations influencing total compensation.
• Format your paper according to APA standards.
Week 1 Discussion Questions
Describe your reaction to the following statement: Compensation has no bearing on a company’s performance.
What roles do national and organizational culture play in compensation?
Week 2 Individual Assignment Internal and External Equity Comparison
Writea 700-1,050 word paper in which you explore the concepts of internal and external equity in compensation. Define what it means to have internally equitable and externally equitable compensation system; how does an organization achieve an internally and externally equitable compensation system? Describe what could happen if an organization’s compensation system lacks internal and external equity. Formatand citeyour paper according to APA standards.
Week 2 Team Assignment Wage Management
As a team writea 700-1,050 word paper in which you explore how a small start up organization's compensation program would differ from that of a Fortune 500 organization. Comment on how the these two organizations would likely establish salaries for their employees, if and how they would give raises, if and how they would...