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Fairness within an organization, especially as it relates to compensation, is seen as critical by many HR professionals. Understanding the levels of equity and also
Fairness within an organization, especially as it relates to compensation, is seen as critical by many HR professionals. Understanding the levels of equity and also the reasons for any inequity is important when creating compensation plans and interfacing with employees.
Considering this please address the following prompts in your discussion:
- What factors influence internal equity in your company? With which historical theories do those factors most align?
- Which contemporary labor market theories most apply to the factors that influence internal equity within your organization?
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