In 1-2 pages (double space, 12 font), please answer ALL 3 questions. Please save your document with your full name. Please email at the latest by July 27th. Thank you!
Chapter 7: Can companies easily develop compensation systems that are both internally consistent and market competitive? What are some of the challenges to this goal? Please Explain with supporting details.
Chapter 7: Which do you believe is most important for a company’s competitive advantage: Internal consistency or market competitiveness? Please Explain with details.
Chapter 8: Pay Compression represents a serious dysfunction of pay structures. What is Pay Compression according to your book/notes? What are some of the major ramifications of pay compression? Also, how can companies can minimize or avoid these ramifications?
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