compensation and benefits db8

compensation and benefits db8.

Can you help me understand this Business question?

Please watch the video in the “Readings and Resources” section above on equal pay and share your views on whether we have an equal pay problem in the U.S. and why or why not? Have you or anyone close to you ever experienced gender pay inequality on the job? If yes, please explain.

Readings and Resources

CourseSmart Textbook:

Milkovich, George T., Newman, J. M., & Gerhart, B. (2014). Compensation (11th ed.). New York, NY: McGraw-Hill.

  • Chapter 17 – Government and Legal Issues in Compensation
  • Chapter 18 – Management: Making it Work

Articles & Websites:

Monica Parpal, M.; Labor Cost Standards in the Food Industry:

  • This article provides an example of the types of labor costs employers can control in the restaurant business.

Andre, C. & Velasquez, M. (n.d.). Comparable worth. Santa Clara University.

  • This article seeks to make a case in support of “Comparable Worth.”

Reed, L. W. (1994, September). Comparable worth or incomparably worthless. Mackinac Center for Public Policy.

  • This article seeks to make a case against “Comparable Worth.”

Videos:

Watch Video There Is No Gender Wage Gap

Duration: 5:30
User: n/a – Added: 3/6/17

YouTube URL: http://www.youtube.com/watch?v=QcDrE5YvqTs

Here is another look at this controversial issue. This video covers some of the real logic behind the “Gender Wage Gap”.

Watch Video The Evolving Compensation Function

Duration: (7:10)
User: worldatworktv – Added: 8/28/12

YouTube URL: http://www.youtube.com/watch?v=u2l2-k5HYuA

Use the video to assist you with your response for Unit 8.1 DB: Equal Pay for Equal Work. This video seeks to address the widely reported and often politicized debate over equal pay for women. In this video compensation experts Cathy Peffen and Julie Griffin discuss results of a survey of the changing role of compensation and career advice for early-career professionals.


Supplemental Resources:

United States Department of Labor

  • The U.S. Department of Labor’s mission is “to foster, promote, and develop the welfare of the wage earners, job seekers, and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights.” This website provides information on relevant Federal laws, regulations, employment statistics and study reports on employment in the United States.

compensation and benefits db8

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