Discuss the concepts of internal alignment

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Problem 1: To be effective, a compensation strategy must address both internal alignment and external competitiveness. Discuss the concepts of internal alignment and external competitiveness, how each positively and negatively affects an organization, and of the two concepts identify which is more critical to address in relation to employee motivation.

Problem 2: There are various forms of pay, from cash to income protection to allowances. List, and define, six forms of pay in order of their importance to an employee, and then detail how each of these forms of pay can be utilized to strengthen the overall performance of an organization.Please list References

Reference no: EM132951542

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