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Organizational Objectives and Total Compensation in Different Markets

Juan Holguin University of Phoenix
HRM/324, Total Compensation.
September, 14 2015
Rebekah Benson

Human resources (HR) consultant.

The factors that will have an effect on the organization are particularly the federal contractor. The areas of compensation are well regulated it, and they have established controls parameters that will have a final effect in the organization production.
The McNamara service contract Act requires contractors that have contracts over $2500 to pay more than the prevailing wage (United States Department of Labor, 2009). In contrast, all contractors that aren’t part of the Federal Reserve will have a fair payment over the minimum wage, adding over time and benefits.
As we all know, it is necessary to name the Davis Bacon Act as the one that would have an effect over the contractor legislation. Davis Bacon Act would have an effect on contracts of repair and alteration on public buildings and places that belong to the city. As the Act has been applied to the contractor, the organization will be forced to adjust its compensation, having to safety secure each individual by making sure the wages keeps over the base paid, and the benefits will remain active as the organization makes sure every employee have the same treatment. (Department of Labor, 2009).
Davis-Bacon will ensure every employee gets corporate benefits, as they keep the employee happy and well satisfied at all time. It is very important that they recognize every point on where they need to learn and understand how those procedures work. Every employee should be aware of its situation and how valuable and accurate is the information regarding employee manual benefits.
As the difference for organizations that aren’t part of federal contractors on where they can…...

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