How should business organizations design and adapt their compensation systems to stay competitive and legally compliant on the contemporary labor market (both national and global)?

Instructions
Write an analytical paper, summarizing your key findings from this course, focusing on the question of how business organizations should design and adapt their compensation systems to stay competitive and legally compliant on the contemporary labor market (both national and global). Which strategies do companies need to employ to recruit, manage, and retain talent, from the standpoint of compensation system and benefits?

Use at least ten concepts covered in the course to support your conclusions.
Your submission should be 4-6 pages long, excluding the title page and reference list.
Use at least 10 additional sources other than reading materials, including 5 empirical studies from peer-reviewed journals to support your argumentation.
Note: The APU Libraries has a tutorial on peer-reviewed journals if you have any questions. Also, the database search engines allow you to specify that you are searching for peer-reviewed journals.
Evaluation
The grading rubric, which represents the performance expectations for this assignment, is located below.

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Submission
To submit your assignment, select Submit Assignment, follow prompts to upload or add your work, add any comments for your instructor in the comments box (optional), and then click Submit Assignment.

References
HKANSSON, P. G., & BEJAKOVI, P. (2020). Labour market resilience, bottlenecks and spatial mobility in Croatia. Eastern Journal of European Studies, 11(2), 525.

References
Agyekum, B. (2020). Neighbourhood characteristics and the labour market experience: A qualitative analysis of the second generation Ghanaian-Canadians in the Greater Toronto Area (GTA). Canadian Journal of Urban Research, 29(1), 116.

References
Lebid, I. (2020). The Importance of Transport Technology Professionals Training through the Prism of Their Status in the Ukrainian Labour Market. Proceedings of National Aviation University, 84(3), 8087. https://doi.org/10.18372/2306-1472.84.14957

References
MARKOVA, E., & TOSHEVA, E. (2020). Why to Go for Early Retirement? Determinants for Early Exit from the Labour Market: The Evidence from Bulgaria. Balkan Social Science Review, 16, 299313. https://doi.org/10.46763/bssr2016299m

References
Boissonneault, M., Mulders, J. O., Turek, K., & Carriere, Y. (2020). A systematic review of causes of recent increases in ages of labor market exit in OECD countries. PLoS ONE, 15(4), 115. https://doi.org/10.1371/journal.pone.0231897

References
BOKOVI, B. (2020). Labour Market Policies and Social Investment in Montenegro: Attaining European Standards and Practice? Revija Za Socijalnu Politiku, 27(1), 3753. https://doi.org/10.3935/rsp.v27i1.1622

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