Pay Systems within Organization: Internal/External Equity
Describe your personal experiences (or a friend’s
experiences) with an organization’s pay system. In your opinion, did the system
possess internal and external equity (i.e., were employees compensated fairly)?
What factors determined the level of pay employees received and how pay
increases were determined? What factors should have determined the level of pay
and how pay increases were determined? Discuss whether or not the pay system
motivated employees to increase their productivity levels. What improvements do
you suggest be made in the organization’s pay system?
Bring in at least 2 library sources to help strengthen and
support your discussion.