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This Tutorial contains 2 Papers
You were hired to work as a HR Consultant for a small local hospital,
with the task of expanding the workforce of certified medical assistants.
Looking at the current three employees, you find a discrepancy in
compensation between Susi, a 2-year employee at
$28,000, Tom, 5-year employee at $27,000, and Raul, a 10-year
employee at $33,000. All are employed as certified medical assistants,
yet they all make different amounts of money.
According to survey data, all three employees are below the market rate
for this job in the local job market. All three employees are also
exemplary employees with near perfect scores in their most recent
performance evaluation.
Write a 700- to 1,050-word paper that includes the following: Explain
the discrepancy in pay among the current employees. Describe the
strategy you would take to correct the internal equity issue. Describe the
strategy you would take to correct the external equity issue.
Explain how you will ensure that new hires will be paid equitably both
internally and externally.
Explain how an organization's Total Compensation strategy affects an
organization's financial operations and its ability to attract, motivate, and
retain top talent.
Cite all sources according to APA formatting guidelines.
Click the Assignment Files tab to submit your paper.
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HRM 324 Week 2 DQ 1