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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:

  1. Identify one position in the practice company.
  2. Report the salary and benefits of the position.
  3. In the internet, search for salaries and benefits for this position in other companies in the same industry (at least three other companies).
  4. Please Create a table comparing the information gathered in numbers 2 and 3 above.
  5. 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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