MGT 307.30 Unit 8, management homework help

Briefly answer the following questions:

1. What is our governments’ role with regard to Compensation in the U.S.?
2. Explain how and why “prevailing wage” rates for government construction projects apply.
3. Explain when and how overtime is paid in your company.
4. Express your opinion about the Minimum Wage debate?
5. How are Labor Costs managed in your company?
6. How are annual Compensation budgets developed in your company?

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