Discuss the impact that government regulations and

Discuss the impact that government regulations and legislation plays in matters of employee benefits.

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Compensation and benefit systems

INSTRUCTIONS:
Read ch. 9&10 Discuss the impact that government regulations and legislation plays in matters of employee benefits. The book “Strategic Compensation- a Human Resource Management Approach” 5th edition By. Joseph Martocchio
CONTENT:
Name:University:Course:Tutor:Date:Compensation and benefit systems Government normally intervene on matters pertained to employee benefits through regulations and legislation. The primary goal of government legislation is to give employees protection from the fluctuations in earned income which is normally caused by labor market. On the other hand, regulation imposes limitations on the employer`s ability to fire employees and to use temporary employees (Joseph 145). This is all achieve through employment protection which has the impact of raising employer`s cost for adjusting the size of work force and it composition. It helps in addressing unemployment, wages, structural changes and productivity in a sense...
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