Suppose the role of a human resources (HR) consultant. Unsure of legal obligations in designing a total compensation plan, a client has asked you to explain how certain laws and regulations affect total compensation in their organization. The client's organization employs 200 people, is a federal contractor, and operates in the biotech industry.
• Write down a 350- to 700-word paper providing examples of laws and regulations influencing total compensation.
• Analyze similarities and differences in total compensation between this organization and other organizations in different markets.
• Provide at least two examples that illustrate such similarities and differences.