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Target: To understand the concepts of compensation's internal equity and external competitiveness. Instructions: Identify one position in the practice company. Report the salary and benefits
Target: To understand the concepts of compensation's internal equity and external competitiveness.
Instructions:
- Identify one position in the practice company.
- Report the salary and benefits of the position.
- In the internet, search for salaries and benefits for this position in other companies in the same industry (at least three other companies).
- Please Create a table comparing the information gathered in numbers 2 and 3 above.
- Based on the results of your comparison, make specific recommendations (salary and benefits for this position) to the practice company to (a) keep internal equity and (b) be externally competitive.
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