Compensation Legislation

Module 3: Discussion Forum

There are many factors that impact compensation in the workplace. In the following question, discuss at least one economic, political, and societal factor that impacts compensation (for instance, for political one can discuss the increase in the minimum wage). Additionally, assess how an organization can survey the marketplace to determine these factors prior to creating its compensation program.

Your initial posting should be well-researched, contain at least 300 words, and must be submitted by Thursday, midnight, of this week. Your initial post must meet APA guidelines and include at least onescholarly reference from course materials.