Part 1: Individually, identify and research the compensation strategies for two companies. For each company selected, discuss the following: (A) evaluate the compensation strategies for executives of each company and (B) evaluate compensation strategies for sales forces and contingent workers of each company. You may choose to pick one company for research on executive compensation strategies and one company on sales forces and contingent workers compensation. There also may be articles that cover all three groups.
Part 2: Based upon the information gathered from the work done in Step 1, prepare an analysis that synthesizes the key findings. Using the companies researched: (A) analyze the ethical issues in compensation management, (B) examine internal controls utilized in compensation management, and (C) discuss how the compensation of executives, sales forces, and contingent workers relates to the Fair Labor Standards Act and prevailing wage laws.