HRM 324 Week 2 Individual Assignment Internal and External Equity Comparison

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Write a 700-1,050 word paper in which you explore the concepts of internal and external equity in compensation.  Define what it means to have internally equitable and externally equitable compensation system; how does an organization achieve an internally and externally equitable compensation system?  Describe what could happen if an organization’s compensation system lacks internal and external equity. Formatand citeyour paper according to APA standards.