Purchase Solution

organization's compensation/reward system

Not what you're looking for?

Ask Custom Question

Please post your required points for essay below.
Please prepare the answer to the following question based on your own professional experience.
Please provide at least one APA reference.
What are the most important laws and regulations that affect your organization's compensation/reward system? Describe at least one of those laws in depth.

Purchase this Solution
Solution Summary

What are the most important laws and regulations that affect your organization's compensation/reward system are determined.

Solution Preview

The most important law that affects organization's compensation or reward system is Fair Labor Standards Act (FLSA) , which prescribes standards for the basic minimum wage and overtime pay, affects most private and public employment. It requires employers to pay covered employees who are not otherwise exempt at least the federal minimum wage and overtime pay of ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "Very good! "
  • "thanks"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Motivation

This tests some key elements of major motivation theories.

Introduction to Finance

This quiz test introductory finance topics.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

View More Free Quizzes
Related BrainMass Solutions

  • reward system

    215669 How well does your organization's reward system meet the seven questions to consider in designing a compensation/rewards system? 1.

  • Reward System.

    The expert identifies a reward system.

  • Define compensation and total compensation

    195264 Define compensation and total compensation. What is compensation? Explain. What is total compensation? How might one apply both the expectancy and the equity theory in the endeavor of developing a compensation system?

  • Reward and Motivation History Paper

    Examine the shift from compensation to rewards. Discuss whether you believe the current reward system motivates employees to achieve the organization's goals and how it has evolved in comparison the history of reward systems.

  • Rewards System and Employee Needs Assessment

    Reasons for Conclusion The Organization's reward system satisfies the values and expectation of the employees. This inference is drawn after looking after employees' records, performance and productivity.

  • Motivating Employees: Reward & Pay Strategy

    organization's competitive environment as well as its current business system.

  • Motivating and Compensating Employees

    The direction a reward system should take is determined by its alignment with both the desired culture and the organization's business objectives, Stotz says.

  • Future trends and compensation in hotels

    Recommend a strategy to re-evaluate an organization's reward system to align with the evolving mission of the organization. Please find the file attached. Future trends and compensation in hotels 1.

  • New business vision for compensating the staff

    commitment to motivating and rewarding performance of the performing employees via the total reward system.

View More Related Solutions