Human Resource Management 7th Edition by Raymond Noe, John Hollenbeck, Barry Gerhart, Patrick Wright

Exercise 7

You have been asked to evaluate whether your organization's current pay structure makes sense in view of what competing organizations are paying. How would you determine what organizations to compare your organization with Why might your organization's pay structure differ from those in competing organizations What are the potential consequences of having a pay structure that is out of line relative to those of your competitors