Compensation Program Effectiveness

 
Address the following questions in a well-integrated analysis:

In the Hipple and Stewart article, “Earnings and Benefits of Contingent and Non-Contingent Workers,” the premise of how a contingent worker, which has become a key foundation of U.S. workforce, is compensated compared with regular workers. In this assignment, compare and contrast the various aspects related to how contingent workers are compensated compared with regular workers. As you undertake this comparative analysis, address the following aspects:
1.Given the different levels of pay and benefits among full-time and part-time employees, how may an organization create a sense of internal equity?
2.Specifically, how has the employment of contingent employees affected an organization’s business, its HRM responsibilities, its overall costs, and its organizational culture?
3.In your educated opinion, should the compensation of contingent workers be the same (on a pro-rated basis) as regular, full-time employees doing the same work? Discuss, bringing in both the strengths and challenges this approach presents.
4.How would you, as the CEO of the company, create a sense engagement with the infusion of contingent workers in a workplace that historically consisted of regular, full-time employees?

Use at least 2 library sources to help strengthen and support your response.

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