HR 435

Part 1: Internal Alignment

Internal alignment refers to comparisons of pay rates among jobs and skill levels inside a single organization.

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Compare two jobs within your organization. How do they differ in terms of skill level, responsibilities, and pay rate? Describe how internally aligning pay affects the objectives — efficiency, fairness, compliance and ethics — of the pay model.

Part 2: Defining Compensation

Each employee and company has a definition of compensation and what it means to them.

Compensation is often thought of as only pay, but it can include many other aspects. Describe in your own words what compensation means to you and outline its components. Note: Do not give a textbook answer, i.e., what do your own thoughts and experiences tell you? What does your current organization, or an organization that you are familiar with, provide in terms of compensation?

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