Write a 700- to 1,050-word paper (in third person voice), in which you design 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 objectives and the relationship of the organization's financial situation to its plan.
Format your paper consistent with APA guidelines.