MGMT345 Implications of Compensation Policies & Strategic Mandates Paper

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Business Finance

MGMT345

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Provide a 3-4 sentence answer to the 10 attached questions answer for the following questions.

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Running head: COMPENSATION

1

Compensation
Student’s Name
Institution of Affiliation

COMPENSATION

2

Question one
I would suggest that the influence of the market is the greatest challenges to firms.
Keeping and maintaining the employees in a position that you need them to work in the
firm is very difficult; however, finding the employees is much more robust. The potential
employees will look for information from the market and so the employees will make
sure that they are being compensated the best.
In my opinion, the labor unions create the least challenges to firms; this is because
of stronger influence such as market. I think that if the team management recognizes such
influence though they should concentrate on the relationship with the union and also
bargaining with them; thus it will be easier.
Question Two
It is said to be possible that creating more employees eligible for paying them
overtime usually have an intended impact. Increasing the threshold will not equate with
an increase in net earnings. Transferring millions to qualify for overtime payment
usually, make the employees at a disadvantage. For instance, ...


Anonymous
Very useful material for studying!

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