Employee satisfaction associates directly to income obtained from work performed and the lifestyle opportunities made available to the workers and their families from this work-related income. Explain on the link between work-related income and employee satisfaction in today's workplace.
Wage rates in the United States are higher than similarly skilled workers in other countries like China, Mexico and India. As a result, many U.S. businesses have outsourced their manufacturing and production needs to take benefit of these lower wage rates. Describe how, working collaboratively, the federal government and U.S. businesses can modify employee compensation packages to become more globally competitive.