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Draft a response to each of the bulleted questions below. Each question must have its own response and have a minimum of 75 words.

 

1.       Describe methods to communicate total compensation programs to employees. What are advantages and disadvantages?

2.    Discuss the main differences between retirement systems in the United States (taking into account legally required and discretionary programs) and one other country discussed in chapter 15. Does it appear that the costs of retirement programs are creating burdens for competitive advantage?

3.    Why is it important for HR and compensation professionals to learn about compensation practices in other parts of the world? Discuss.

4.    Briefly compare minimum wage rates and paid time off policies in Canada and Mexico.

5.       Martocchio (2015) discusses seven important issues that will shape compensation professionals' work for years to come. Which of these issues will create the greatest uncertainty for compensation professionals?

6.       Martocchio (2016) states that the US economy experienced an economic recession December 2007 through June 2009. It was the longest running recession since WW II. Although, the recession has ended, its effects remain. Underemployment and compensation-productivity gap remain. What examples have you observed? What challenges does this pose for HR professionals?

7.       Summarize the issue of marriage between same-sex individuals and the U.S. Supreme Court ruling on the Defense of Marriage Act.

 

8.       Milkovich (2015) identified five reasons for the historical growth in the size of benefits packages. Which of these reasons still affect the growth of employee benefits today? Which actually might be current reasons for declines in the size of benefit packages?

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