Discuss and explain the considerations when building market-competitive compensation system. In your opinion Can companies easily develop compensation systems that are both internally consistent and market competitive?
Hints:
You are requested to do a good deal of research to answer this question to cover and discuss the following points.
considerations when building market-competitive compensation system
strategies to build internally consistent compensation system
personal opinion regarding the possibility of a company to easily develop compensation systems that are both internally consistent and market competitive
