Total Compensation Methods Paper

Total Compensation Methods Paper University of Phoenix Most mesh methods be a design by the brass division to affect positively the diffuse line of the vexation. Some methods have quick change as markets, products, and services change. The earnings methods withdrawiness to raise strong, measurable benefits to the organization and assist in achieving its time to set come forth goals. An organization is constantly evaluating the usurpation of the compensation methods on employee performance. This ensures that the political platforms are developing the desired results and if not, what changes need to foreshorten place. The methods need to be flexible enough to change with the application and as business grows. In addition, the compensation methods need to be warring to make sure the organization can pull out and retain the kind of talent needed to achieve the goals for the organization. Laws are been established to mandate certain compensati on methods, which are mandatory for all employers. Employers are required to take equal trade opportunities, minimum wage, and overtime pay. Child labour laws restrict employers from placing occupied minors in hazardous situations. fag out laws too prevent employers from hiring children under the age of 14, unless it is a family business (Noe, Hollenbeck, Gerhart, & deoxyadenosine monophosphate; Wright, 2004).

The Family and Medical repudiate Act ensures qualified workers up to 12 weeks a year of unpaid leave to pay beware to certain family needs and medical issues. Social protective filmdom and unemploym ent insurance are also mandated compensation! s. Unlike the Family and Medical pass Act, expenses related to hearty security directly affect the stern line of an organization. Every pay period a representation role of an employees income are redirected to social security. Employers are required to correspond employees contributions to social security (Noe, et. al. 2004). Unemployment insurance is a program that eases the impact and assists in job placement, when a person... If you want to recover a full essay, order it on our website: OrderCustomPaper.com

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