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Can companies easily develop compensations that are both internally consistent and market competitive

Sagot :

It is not easy to develop compensation systems that are both internally consistent and market competitive.

An internally consistent compensation system helps to keep the best and talented employees in the organization. On the other hand, the compensation system for market competitiveness helps to attract the best talent from the market.

As in a company the employees serve differently to an organization, and it will be difficult to compensate each employee according to their contribution towards the organization.

Hence, it is important to have a compensation system that is both internally consistent and market competitive.

To learn more about compensation systems here:

https://brainly.com/question/14720130

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