Homework A: Legally mandated Benefits
Using the selected readings, video clips, and any other credible outside sources, present your research findings on the requirements of today's businesses that mandate compensation benefits to their employees. Research and consider benefits in the form of Social Security contributions, Medicare contributions, retirement contributions, healthcare benefits, paid holidays, vacation time, overtime pay, family medical leave, training, and any other requirements employers must provide to comply with the law, and/or effectively compete for valued personnel talent. Include a minimum of two credible references that were used in your research. Once again, employ the aforementioned "Guidelines for Writing Papers" instructions in the development of your work.
Homework B: Designing an Effective Compensation Program
If you were the HR manager responsible for developing the compensation plan, what would you create? What would be your goals and strategy for your plan? How would the components of your plan align with your goals and strategy? How would you justify your plan components?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.