Compensation and Benefits: Unit VI Journal/Unit VI Article Review/Unit VII Journal/Unit VII Assessment. Unit VI Journal
Instructions
According to the textbook, Netflix employees can choose from a mix of stock options and salary, and Whole Foods employees can vote on the benefits they want according to need and/or demand. How important are employee benefits to you? How do you feel about those options for Netflix and Whole Foods? Do you think you should be given the choice of selecting the benefits based on your personal needs?
Your journal entry must be at least 200 words in length. No references or citations are necessary.
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Use the following link to access the article you will use to conduct an article critique.
Beller, M. D. (2014). Mandated benefits, good or bad? At N.Y. hearing, reviews are mixed. Insurance Advocate, 125(19), 42–43. Retrieved from https://libraryresources.columbiasouthern.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=edsbig&AN=edsbig.A396766770&site=eds-live&scope=site
After reading the article, compose your critique by addressing the items listed below.
- Explain the main topic/question of the article.
- Explain and identify mandatory indirect benefits addressed in the article.
- Discuss factors to consider in determining how to offer and select benefits according to the article.
- Take what you have learned from the unit and article, and apply the concepts to your life by explaining whether you support mandatory indirect benefits and describing how they can affect you.
Your critique should be at least two pages in length, not counting the title page and the references page. The critique should include at least two sources—one being the article and one being another credible source. Be sure that any citations or references are in proper APA format.
Instructions
In preparing a compensation plan, an organization must consider all the laws and regulations associated with the pay of special groups (i.e., supervisors, corporate directors, and executives). However, do you think compensation for special groups is excessive? If so, why? Address a law or regulation that is specifically related to special groups that you think is vital. Why is it so important to you?
Your journal entry must be at least 200 words in length. No references or citations are necessary.
1. Explain alternative rewards systems for unions and their purpose.
Your response must be a minimum of 200 words in length.
2. Address the role of unions in wage and salary policies and practices.
Your response must be a minimum of 200 words in length.
3. Address how Employee Retirement Income Security Act of 1974 (ERISA) plays a role in executive benefits.
Your response must be a minimum of 200 words in length.
4.
Summarize and explain the influence that three of the following laws or regulations play in special group compensations:
- Davis Bacon Act of 1931
- Walsh-Healey Act of 1936
- Equal Pay Act of 1963
- Lily Ledbetter Fair Pay Act of 2009
Your response must be a minimum of 200 words in length.
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