Question: 1. What is internal alignment? Why is internal alignment an important policy in a strategic perspective of compensation? What happens when a compensation policy is

1. What is internal alignment? Why is internal alignment an important policy in a strategic perspective of compensation? What happens when a compensation policy is not internally aligned? 2. What are the external and organization factors that shape the internal pay structure of an organization? 3. What are the differences between a hierarchical pay structure and an egalitarian pay structure? 4. How do equity theory, tournament theory, and institutional model inform the design of pay structures

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