Write a 700- to 1,050-word paper, in which you identify a total compensation plan for an organization focused on internal equity, and a total compensation plan for an organization focused on external equity.
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· Identify advantages and disadvantages of internal and external equity for the organizations.
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· Explain how each plan supports that organization's total compensation objective and the relationship of the organization's financial situation to its plan.
Format your paper consistent with APA guidelines.