How do internal alignment and external competitiveness interact with one another? Is it better for organizations to set one pay policy first and then pay attention to the other? If so$,$ which one comes first?

To earn full credit for this answer, you need to define both terms, talk about their similarities and differences, and briefly discuss how the interact and$/$or inform one another. Then, answer whether one needs to come first and why.

The term "internal alignment" describes the compensation structure or relationship between various positions and skill sets inside an organization. Pay structure in relation to competitors is a key component of external competitiveness. It facilitates workers' receipt of just compensation. Both terms refer to compensation structures, but a key distinction between them is that internal alignment takes into account employee salary comparisons within the organization, while external competitiveness takes into account employee salary comparisons across organizations for similar work. These two compensation$-$related criteria work together, and if they aren't included at the same time, it will be difficult to conduct a comparative analvsis and determine the nav structure in the future