Fair and adequate compensation is critical for attracting the most qualified employees and retaining and motivating staff. When determining compensation, consideration should be given to fair and equitable compensation among all workers in the same company (internal equity) and fair and equitable compensation relative to the external market (external equity).
Consider the following scenario:
You have two medical assistants (MAs) who earn $15 per hour at your medical practice. When you hire a new MA, you discover that the current market pays $16 per hour for medical assistants.
Respond to the following discussion points in relation to equity conflicts and compensation:
INSTRUCTIONS ARE HIGHLIGHTED IN RED
Please cite sources in your work and provide references for the citations in APA format.
Short indepth o 50 words or less answer for each question is all that is required please use sentences as headings
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