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November 28, 2024

Describe the reasons why an internally consistent compensation system is necessary

You are the human resources (HR) manager for a technology company that provides technical support for hospitals using computer systems that share information. Your company has just been awarded a new contract that is requiring a huge increase in the organization’s workforce. The contract will involve providing technical support for several large hospital systems in the Midwest. As a result, you have been asked to outline the process that you will use to develop an internally consistent compensation system and present it to the owners of the company for approval.

Address the following issues:

• Describe the reasons why an internally consistent compensation system is necessary.
• Assess the impact of the Civil Rights Act of 1964, the Bennett Amendment, and Executive Order 11246 on compensation practices.
• Outline the process involved in creating an internally consistent compensation system.
• In the introduction to your essay, create a fictional name and location for your company.

Your essay should include enough information to convince the owners that the time, effort, and manpower required for this process will be worth it to the company in the long run.

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