TASK:
INTERNAL AND EXTERNAL EQUITY COMPARISON
Internal and External Equity Comparison
Resources: Assigned readings, ERRs, the Internet, and other resources
Create a 1050 word limit paper, in which you identify a total compensation plan for an organization focused on internal equity, and a total compensation plan for an organization focused on external equity.
Q1: Identify advantages and disadvantages of internal and external equity for the organizations.
Q2: Explain how each plan supports that organization’s total compensation objective and the relationship of the organization’s financial situation to its plan