Legislations to Regulate Employee Benefits

Legislation to Regulate Employee Benefits
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Introduction
In our contemporary business world, employee benefit programs are crucial for all firms to help them attract and retain talent (Hamermesh et al., 2017). The secret to implementing robust total compensation programs is observing employee benefits legislation. The legislations ensure that employers implement quality employee benefit programs. The discussion herein explores the importance of legislation in implementing an effective employee benefits program. The aspects explored include enhancing positivity and competitiveness to attract competent employees and encourage inclusion.
Importance of Legislation in Effective Employee Benefits Implementation
Legislations guiding employee benefit programs enhance positivity and competitiveness in business organizations. Employers who implement laws for total compensation programs immensely improve employee confidence. Employees’ rights are protected through fair compensation commensurate to their qualifications and working experience within proper rules and regulations. Fair Labor Standards Act is one such legislation that businesses implement since it addresses overtime pay, the minimum wage, and equality in remuneration (Hamermesh et al., 2017). The l...