Reference no: EM131851103

Concept of "Internal Alignment".

In example as follows:

a) For an imaginary organization, state a core value or guiding principle

b) Describe a feature of a compensation structure that would serve that imaginary core value or guiding principle

Select one of the following federal laws discussed during the class: Fair Labor Standards Act, Equal Pay Act, and Civil Rights Act and state how the law impacts compensation structure or activities.

Define the terms "Market lead," "Market Follow," and "Market Neutral" as applied to pay and pay alone. Tell why an organization might choose to employ the concept of "Market Follow" as a valid part of its organizational strategy.

Select one of the external factors that shape internal compensation structures, and describe the impact it applies to the internal structure.

In each of our courses, we attempt to make a connection between comprehension of the course material and serving the interest of one or more of the Saint Leo University core values. The core values addressed in this course are integrity, respect, and community. During the course, we have explored how a given compensation structure, or a given feature of a compensation structure, would serve those core values. Choose one of the three core values mentioned, give an example of a compensation structure or a feature of a compensation structure, and describe how it serves the core value you have chosen.