Impact of Employee Compensation

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer to each of the following discussion questions. Rely on your Required Readings and the Lecture and Research Update for specific information to answer each discussion question, but turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the information. Your Discussion Question responses should be both grammatically and mechanically correct and formatted in the same fashion as the questions themselves. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your responses and document them in a bibliography using APA style.

The Assignment
Several trends in our culture and economy will surely affect employee compensation and benefits in the near future. Describe how you anticipate the following to impact employee compensation and benefits in the next ten (10) years. (20 points) (A 1-page response is required.)

1. Rapid Growth of the ‘Underemployed/Unemployable’
2. Executive Compensation
3. Health Care Costs
4. The Rise of Competency-Based Pay Practices