Explain why changes in minimum wage can affect higher paid employees as well.

  • Explain why changes in minimum wage can affect higher paid employees as well
  • Explain why changes in minimum wage can affect higher paid employees as well. Providing an example will strengthen your response.
  • What factors help account for the pay gap?
  • Describe how employers can control labor costs. Include in your response what might be some of the affects from these control methods (either positive or negative).
  • What activities in managing the pay system are likely candidates to be outsourced? Why?
  • What will HR professionals face in the future of compensation?   To answer this question, find an article video or other resource that addresses this question. Post the link or attach a document and provide a brief summary of one or two key points and your own assessment of the point you made.

Explain why changes in minimum wage can affect higher paid employees as well

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