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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Unit I Discussion Board

Unit I Discussion Board

Q Instructions Imagine you own or manage a company. Your company recently completed a strengths, weaknesses, opportunites, and threats (SWOT) analysis, and the board of directors is looking to revise the company’s compensation program. Doing so will help keep the company competitive in attracting new talent. As part of the human resources department, you were asked to draft an essay describing how compensation programs are developed and how laws can affect compensation practices. Your essay should be a minimum of two pages in length, using at least your textbook as a source. Be sure that your essay includes the following elements: ? In your introduction, create a fictitious name for your company, and include some basic background information such as where the company is located, when it was founded, and how many employees work at the company. Do not use an actual company for this essay. ? Describe issues that influence an individual’s decision to apply for or accept a specific job at your company. ? Explain how compensation plans can influence the success of your organization. ? Explore how influences outside your organization can affect its compensation plan. ? Describe the provisions of the Civil Rights Act of 1964, the Bennett Amendment, and Executive Order 11246, and explain why these were implemented and how they affect your company. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed. This formal paper example provided by the CSU Writing Center shows this type of formatting. Resources The following resource(s) may help you with this assignment. ? Citation Guide ? Submit Writing Center Request

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The name of the company managed by me is Brown Enterprises. This company is located in Dallas, Texas. This is a private company managed as well as owned by me. The company was founded in 2019. There are 20 employees working in my company. The rate of compensation provided by my company can be a major influential factor for an individual to apply for a specific job position or accept a specific job position by a candidate (Martocchio, 2020).