MGMT 340 Study Guide - Quiz Guide: Au Bon Pain, Patient Protection And Affordable Care Act, Quaker Oats Company
Document Summary
The boss/hr director has an impossible job because he/she has to balance. Equity- is about fairness, people get what they deserve. You are paid fairly within the company, but your friend who compensation, less work= less compensation. works for another company has the same skills/degree but is paid more. Employees with higher skill levels receive higher pay than those with lower skill levels. Benefits helped companies attract workers, like healthcare benefits. Benefits were created due to situation in world war two. When companies pay wages they can deduct that from revenue, to arise that from taxable income. Corporations are buying benefits for their employees with untaxed dollars. President obama said- this means not everyone can afford benefits and health insurance. His solution was that government will step in and help you. (affordable care. Most of your tax money is going to people"s benefits. Some cases, organizations have more people than they need and have to let some.
