Human Resource Management

he CFO wants you to prepare a brief that will make the CEO feel better.Academic Level: Bachelor Paper details v Imagin" rel="nofollow">ine you are a Compensation Manager at a large service organization. Roughly 700 of your employees are paid the MWR (Min" rel="nofollow">inimum Wage Rate), which is presently $7.25 per hour. The CEO recently came to the CFO (your boss) in" rel="nofollow">in a highly excited state. He was upset because he had learned that local legislators were preparin" rel="nofollow">ing to propose an in" rel="nofollow">increase to the local MWR to $7.75. His frustration was obvious as he declared, "This will put us out of busin" rel="nofollow">iness!" The CFO wants you to prepare a brief that will make the CEO feel better. Your assignment is to submit that brief.