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Minimum Wage Act
Mind Map on Minimum Wage Act, created by Jeanne Albright on 09/05/2016.
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Mind Map by
, updated more than 1 year ago
about 7 years ago
Minimum Wage Act
How can I project the expenses over the next 5 years?
Do I have salary/pay ranges?
If no, create a structure
Where do I find competitive Comp info?
If yes, is it up to date?
What are my hiring projections for the foreseeable future?
How do I create a staffing plan?
Can I afford the new minimum wage
Which services do I eliminate
Which empls perform these services?
Do I need a re-training program
How will I choose who to let go?
What criteria will I use for who to lay off?
Do I have a record of past performance
How will I know if I have an adverse impact?
How will I manage employee notifications?
Can I reduce HC by attrition only?
How do I determine which positions to replace and which to leave open?
Implement a different method or inexpensive technology?
Do any of these new ways require a different skill set?
If yes, do I need new job descriptions
If yes, how do I perform a comp analysis.
Do I retrain or hire?
Do I need a training program?
Do employees have skills needed to be retrained?
If hire, create sourcing strategy and hiring plan.
Do I lay-off current employees?
Are people in the correct classification so that I can determine wage requirements?
Do I have current relevant job descriptions?
Do I need to reclassify employees?
Analyze job descriptions compared to wage requirements.
Exempt: Are people within the range?
Commission Employees: How does this affect them.
Create plan and cost projection for moving people into the correct wage ?
Write job descriptions for each role type.
Conduct analysis and create plan and cost projection for moving people into the correct range.
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