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MyManagementLab

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Summary

  • Learning Objective 1: There are discussions ­occurring on the national stage about the possibility of raising the federal minimum wage rate and strengthening overtime protections. While such changes will be ­welcome news to a large segment of the labor force, there are possible ­consequences, such as companies’ reducing staffing levels to offset higher compensation costs.

  • Learning Objective 2: Many U.S. companies relocated manufacturing operations from the U.S. to China because of lower labor costs. In recent years, wages have ...

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