‘Compensation and Government Regulations’ Please respond to

‘Compensation and Government Regulations’ Please respond to the following: Compare job-based pay with skill-based pay and provide an example of each. Determine which pay you would prefer. Support your decision. Determine how government regulations affect compensation. Why were the laws, on which these regulations are based, passed by Congress or State legislatures? Are the regulations still needed? Support your position with examples and with recognized authorities in the field.

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