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Q: Write a paper, in which you identify a total compensation plan for an organization focused on internal equity, and a total compensation plan for an

Write a 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.

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Introduction Total compensation plans are essential for any organization to attract retain and motivate its employees Compensation plans are designed to ensure that employees are paid for their work b... View full answer

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