Financial, Procedural, And Legal Constraints Regarding Medtronic 's Compensation And Benefits Package

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The case analysis will examine potential financial, procedural, and legal constraints regarding Medtronic’s compensation and benefits package. The potential recommendations to change the current benefits package of the company to address the needed changes to meet the needs of the employees. The proposed financial analysis will address the organizations fund to support each employee based on their needs. Furthermore, examine the element of the benefit and compensation per employee to show quantitative data to support the analysis.
Critical Elements
A. Legal and financial constraints. The Fair Labor Standards Act (FLSA) will reflect the usage of reported leave between exempt and non-exempt employees. The leave benefits system will emulate the needs of individuals while meeting their social needs for leaving to take care of their well-being. The commonality will reflect togetherness rather than being treated differently within the company. By utilizing this equality factor will then foster trust between employer and employee. The fairness will merit the well-roundedness of the human resource practices of the company. Transparency is a key success for the company to create synergy among the workforce while creating a positive environment.
The financial constraints for the company will increase for the added benefit for having a unified leave reform. The extra financial equity will be supported by substitution of the benefits that is recommended for alterations. The company’s

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