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.