BUS 434 WEEK 2 Discussion I

A basic premise of a market-based economy is that each individual has the opportunity - through education, experience, hard, work, etc. - to improve his or her job earning potential. As a result, some employees may enjoy greater earnings than their colleagues. Assess how an organization can create a fair, market-competitive compensation system that provides greater rewards for those who earn it, yet is viewed as fair and equitable by the organization. Respond to at least two of your classmates' postings.

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