COMPENSATION MANAGEMENT RESEARCH ASSIGNMENT Background Total compensationis determinedby… 1 answer below »

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COMPENSATION MANAGEMENTRESEARCH ASSIGNMENT

Background

Total compensationis determinedby lookingat many differentfactors of a job. These factors can lead to a wide variety of compensation packages for different jobs. Looking at different compensation packageswill helpyoutounderstandwhydifferentjobs have different levels of totalcompensation.

Procedure

Obtain a recent copy of the Sunday newspaper for a large cityin the United States. (Note:Some of the major metropolitan newspapers can be found in libraries and bookstores all overthe country.) Use the job postings to write an essay in whichyoucompletethetasksandanswerthequestions below:

1. List three positions where wages are paid in terms of anannual salary. Why do these positions pay a salaryinstead of an hourlywage?

2. List three positions where wages are paid in terms of anhourly rate. Why do these positions pay an hourly rateinstead of asalary?

3. Which law regulates the determination of the form of compensation? What are the legal requirements for aposition that pays a salary? Why do you think this lawwasestablished?

4. List three positions where wages are paid in another form besides salary or hourly. What are the other formsof compensation? Why do you think these specific methods have been chosen? How are these methods ofcompensation more or less effective that hourly or salary wages?

Yourcompleted researchassignmentwillconsistofanessay with an introduction, a body, and a conclusion and a Works Cited

Writing Guidelines

1. Complete the assigned tasks and answer the questions in the form of one essay with an introduction, a body, and aconclusion.

2 Type yoursubmission, double-spaced,ina standard printfont, size12. Usea standard documentformat withone-inchmargins. (Do notuse anyfancyorcursive fonts.)

3. Include the following information at the top of your paper:

a. Name andaddress

b. Studentnumber

c. Course title and number (Compensation Management, HRM210)

d. Research assignment number(41200800)

4. Readtheassignmentcarefully andanswereachquestion.

5. Be specific. Limit your submission to the questions asked and issuesmentioned.

6. Incorporate and properly reference the sources of information obtainedfrom yourassignment,aswellas fromany othersourcesofinformationthatyoudeem relevant.Tocite yoursources,please follow thisprocedure:

a. Use in-text citations to indicate references to infor- mation from outside sources. Include the author’s name and therelevantpage number(s)inparentheses. Here’sanexample:Human beings have beendescribedas “symbol-using animals” (Burke3).

b. At the end of your paper, include a Works Cited page, listing all of the sources you’ve consulted. Use either MLA or APA format for this page. For information on howtopreparethispage,gotothePennFosterLibrary
a

Format

The paper is double-spaced and typed in font size 12. It includes the student’s

¦ Name andaddress

¦ Studentnumber

¦ Course title and number (Compensation Management,HRM210)

¦ Research assignment number(41200800)

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