Legal Compliance and Management in Chevron Corporation

This presentation discusses the influence of governmental legislation on employers and employees in Chevron Corporation, a leading oil and gas company. It covers the implementation and maintenance of legally defensible compensation programs, three laws affecting the organization, and how working within these laws creates an environment that values employee insights and feedback. It also includes ways to control and manage organizational costs.

Analyze Legal
Compliance and
ManagementGovernmental Legislation’s influence on employers &
employees

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Company Background
• Company name- Chevron Corporation
• Industry- Oil and gas
• Its headquarter is located in San Ramon, California,
U.S.
• Products offered- Natural gas, petroleum and
petrochemicals.

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Implementing & maintaining legally defensible
compensation program in the organization
• Base Compensation
• Pay Grades
• Incentive Plans
• Salary Administration Guidelines
• Benefit Surveys
• Benefits Conference
• Management Training (Hale, 2011)

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Three Laws effecting the Organization
• Employee Retirement Income Security Act
• Consumer Credit Protection Act (CCPA)
• Occupational Safety and Health Act

How the laws affect the
organization.
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Employee Retirement Income Security Act
• Regulates the employers to offer pension and welfare
benefit plans for the employees
• Impose huge range of disclosure, fiduciary and the
reporting requirements on the fiduciaries of the
welfare and pension benefit plans (Quinn & Cahill,
2016)

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Consumer Credit Protection Act (CCPA)
• Regulates the garnishment of the wages of
employees
• It is administered by Wage and Hour Division (Kelly-
Louw & Rott, 2016)

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Occupational Safety and Health Act
• It is administered by the OSHA (Occupational Safety
and Health Administration).
• Employees are needed to comply with the safety and
health standards that are circulated by OSHA.
• It enforces the act through workplace inspections and
investigations (Kim, Park & Park, 2016)

How working within these laws creates an
environment that encourages and values
employee insights, input, and feedback
.
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• Working within these laws helps in motivating a encouraging
employees to give their maximum input
• Employees become more productive
• Proper employee compensation Helps in keeping the employee morale
high and ensures that they will stay put.
• Giving feedback and praising motivate employee

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Employee contract
• .

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Ways to Control and manage organisational cost
• Hiring the right people
• Negotiating annual contracts
• Building strong relationships with the suppliers
• Using cloud computing

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References:
• Hale, J. (2011). Performance-based certification: How to design a valid,
defensible, cost-effective program. John Wiley & Sons.
• Kelly-Louw, M. and Rott, P. (2016). From Status to Contract: Evolving
Paradigms for Regulating Consumer Credit. In The Future of Consumer
Credit Regulation (pp. 67-86). Routledge.
• Kim, Y., Park, J., & Park, M. (2016). Creating a culture of prevention in
occupational safety and health practice. Safety and health at
work, 7(2), 89-96.
• Quinn, J. F., & Cahill, K. E. (2016). The new world of retirement income
security in America. American Psychologist, 71(4), 321.

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