Concept of external equity and related compensation concepts

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Based on this week's required readings and your own practical experience, explain and analyze the concept of external equity and the related compensation concepts that enhance a competitive compensation program. Analyze relevant research in external factors that influence pay and provide specific examples to support your findings.

Support your paper with a minimum of three (3) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Reference no: EM13723638

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