What do you believe is most important for a company’s competitive advantage: Internal consistency or market competitiveness? Explain.

BOOK: STRATEGIC COMPENSATION . a HUMAN RESOURCE MANAGEMENT APPROACH . BY JOSEPH MARTOCCHIO
fully discuss the questions below. These are individual questions and you should not be writing an essay for this assignment. Each question will require approximately 200 words to sufficiently answer the question. Your answer should be written to provide adequate information on the subject to individuals who have no knowledge of the subject matter.

1.You are a compensation analyst with the County of Cumberland, NC. What is the scope of the relevant labor markets for the Finance Director/General Manager – Financial Services position and for Accounting Technician I. Describe the rationale for your response.
2.What do you believe is most important for a company’s competitive advantage: Internal consistency or market competitiveness? Explain.
3.Respond to the following statement: Pay grades limit a company’s ability to achieve competitive advantage. Do you agree? Explain.

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