explain and analyze the concept of external equity and the related compensation concepts that enhance a competitive compensation program.

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.

Length: 5-7 pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic.

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