Organizational 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- word paper (in third person voice) which provides examples of laws and regulations that influence 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.

Answer Preview

It is clear that the total compensation plan is guided by certain laws and regulations depending on the nature of the job that the employees will do and a person in the human resource department ought to know such rules (WorldatWork, 2015). The issue at hand relates to a federal contract and these kinds of contracts are honored by following certain regulations. For example, Davis Bacon Act has an effect on the way this kind of contract…

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