“Compensation and Government Regulations” Please respond to the following:
- Compare job-based and skill-based compensation structures. What are the pros and cons of each? When is each most appropriate? Support your comments.
- Describe at least one government regulation (federal, state, or local) which affects compensation [pay + benefits] and explain why the regulation was put in place. Support your comments. Try not to repeat the same law described by classmates in the discussion.