Compensation and Benefit Systems: ases For Pay

Name: University: Course: Tutor: Date: Compensation and Benefit Systems Wage and salary levels are given through the systematic means of traditional compensation with regular pay increases though quite not a guarantee as per a 1938 Act and sequential amendments to include various opposition to child labor the on sexual discrimination. For an increase in remuneration to be granted the level of warranted promotions; pay increase as to reward merit and given increase in the cost of living (Martocchio, Zinni 43). In today’s world, economics the issue of merit towards the rising standard of living has been reducing marginally. Therefore, the base of payment approach is advocated for by most human resource policies, with regards to their ability to offer more than what has been requested as compensation. All employees tend to look out for these increases. The relationship being required pay package should be inclusive of a specified salary or wage and a given timeframe to wa...