Discuss the basic building blocks of developing a market competitive pay system
Discuss the basic building blocks of developing a market competitive pay system, including the relationship between internal and external equity.
Guided Response: Review several of your classmates’ postings. Respond to at least two classmates’ by commenting on their example of management not fulfilling its responsibilities. Pose a question to spark discussion regarding what could have been handled differently.
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Organizations should create market competitive pay systems to attract strong employees. "Market-competitivepay systems (Links to an external site.)Links to an external site. represent companies’ compensation policies that fit the imperatives of competitive