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Your Turn: The Role of Labor Costs in Retail
Electronics
Please review Your Turn (attached) and discuss the questions below using the APA essay
format. Your response should cover all questions in detail, do not repeat the questions. Use
references and in-text citations. The page length should be a minimum of 5 double-spaced. 500
words
Motivation and Compensation
Based on the various theories, people need motivators to satisfy their needs.
How do these theories drive the compensation process? Should rewards be
based on equity “what goes on in a person’s head”, expectancy “the
probability a task can be completed” or performance? 75 words
Benefits
How do firms identify adequate benefits to decrease the amount of turnover
and increase retention? How are employee benefits justified? Should
eldercare be included, providing payment for high surgical costs, retiree costs,
dependent coverage be covered? What are the advantages and
disadvantages of flexible benefit packages? What benefits are the most
important to you? 75 words
Labor Unions
Labor unions were created to protect its members from subjective and
unpredictable treatment by management. What are strategies that can be
used to ensure the erosion of unions do not happen? If firms pay more for
union costs, will the organization be driven to international production of their
goods? Lastly, are labor unions a thing of the past? Give examples of strong
unions in the United States. 75 words
Minimum Wage
Gerhart& Newman (2020) suggests that higher minimum wages results in the
risk of reducing employment opportunities. Please read Exhibit 17.5 Wage
and Hour Division Investigation Examples. How is the employer addressing
minimum wage, hours worked and provisions of the Federal Labor Standards
Act (FLSA). What are the major issues? 75 words
Affordable Care Act
Please read the Historical Perspective on pages 474-475 (attached) and the Affordable
Healthcare Act on pages 494-495 (attached). Note that the Affordable Healthcare Act’s
structure did not change the basic structure of healthcare delivery. From the initial concept of
healthcare to the Affordable Healthcare, corporations have assisted with benefits for their
employees. In today’s environment is this still a good idea or should individuals be required to
take care of their healthcare much like automobile insurance? Why is there so much dissention
over the passing of the Act? Who does it affect more the employer or the employee? Please
provide a minimum of a 5-page paper in APA format. You should use at least three
references. 2,000 words
Total :2800 words
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