Write a 700- to 1,050-word 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.
· Identify advantages and disadvantages of internal and external equity for the organizations.
· Explain how each plan supports that organization's total compensation objective and the relationship of the organization's financial situation to its plan.
Format your paper consistent with APA guidelines using a minimum of 3 references.