Explain the minimum pay regulations

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Question: Chapter 16 presents four important issues that will shape every organization's compensation philosophy in some way or another: Fallout from the "Great Recession," Rising Wages in China, Challenges in Health Care Reform, and Workforce Demographic Shifts. Which of these issues will have the greatest impact on your organization's approach to compensation? Why?

What are the main differences between the minimum pay regulations in the United States (Chapter 2) and one other country's practices discussed in this chapter? How do these differences affect companies' ability to compete with other companies worldwide?

Reference no: EM132685399

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