Globalization and Compensation
Think about how the world has become smaller in terms of international business. Globalization has changed the way that business is done in this environment. Total
compensation also enters this environment as well. Global compensation has become an important consideration for multi-national companies. It is a very tricky subject
due to the different laws and regulations in different countries as well as the social responsibility aspects of an organization. Many organizations have received bad
press due to using cheap labor in other countries to make products and then selling those products in the US for high prices. We can all name some of those companies
that have been in the news for this reason.
Main Task: Analyze Globalization and Compensation Issues
Globalization has become a fact of life for many organizations and their employees. However, globalization brings with it a myriad of issues. Write an analysis
detailing international pay systems and their adherence and/or lack thereof to United States laws regarding compensation practices and policies, such as the FLSA, the Pay Discrimination Act, and others. Include in this analysis the means to control salary budgets when dealing with the multitude of issues in the global market place
and salary issues.
Support your analysis based on current research incorporating five (5) journal articles or publications in your response. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts and provide new thoughts and insights relating directly to this topic. Your response
should reflect scholarly writing and current APA standards.
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