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For this assignment you should examine a firm you are prepared to research. The organization should be large enough (>100 staff) to have an established compensation & benefits program. Based on your understanding on their compensation and benefits program, your assignment should address the following aspects:
a. Background on the company or organization outlining their function, size, type of employees (i.e. different occupations), location, etc.
b. How is internal equity established? How is the rate of pay for new hires determined and aligned with existing staff to ensure internal equity?
c. What process(es) does the company use to ensure their compensation is aligned with the marketplace (i.e., external equity)?
d. What type of benefits do employees receive for working with that organization?
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