Explain the differences between a traditional compensation approach in.docx
1. • Explain the differences between a traditional compensation approach in
• Explain the differences between a traditional compensation approach in comparison to a
total rewards compensation approach. What two factors have contributed to the
entitlement orientation? What are the three major objectives of the FLSA?• In base pay
programs, employers often categorize jobs into groupings that tie the FLSA status and the
method of payment together. State them and briefly explain. Describe the benefits that are
commonly given to executives.• Describe how co-payments and using defined contributions
plans can be used to control healthcare benefit costs. The Consolidated Omnibus Budget
Reconciliation Act requires that most employers with 20 or more employees offer extended
healthcare coverage to what three groups? Describe how employers educate their
employees about the values and costs associated with the benefits they receive.
