Compensation and benefits

Compensation and benefits

Understanding international compensation begins with the recognition of differences and similarities, along with figuring out how to best manage them. How people get paid around the world depends on variations. There are five contextual factors believed to be relevant in international compensation. Identify and discuss these factors and variations.

 

 

both responses should be at least 200 words in length.

 

 

  1. Although there has been a decline in union memberships, unions are still prevalent in public and private organizations. Based on the reading in this unit, unions have an impact on wage determination. Discuss the four specific areas in which unions have an impact on wage determination?