Chevron Corp: Analyzing Legal Compliance & Legislation's Impact

This presentation provides an analysis of legal compliance and management, specifically focusing on the influence of governmental legislation on employers and employees within Chevron Corporation. It details the company's background, including its industry, headquarters, and products. The presentation outlines the implementation and maintenance of a legally defensible compensation program, covering aspects like base compensation, pay grades, incentive plans, and salary administration guidelines. It identifies and explains the impact of three key laws—Employee Retirement Income Security Act (ERISA), Consumer Credit Protection Act (CCPA), and Occupational Safety and Health Act (OSHA)—on the organization, highlighting how these laws affect employee benefits, wage garnishment, and workplace safety. Furthermore, it explores how working within these laws fosters an environment that values employee input and feedback, leading to increased motivation and productivity. The presentation also touches upon ways to control and manage organizational costs, such as hiring the right people, negotiating contracts, building supplier relationships, and utilizing cloud computing.

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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