You were hired to work as a HR Consultant for a small local hospital, with the task of expanding the workforce of certified medical assistants.

You were hired to work as a HR Consultant for a small local hospital, with the task of expanding the workforce of certified medical assistants. Looking at the current three employees, you find a discrepancy in compensation between Susie, a 2-year employee at $28,000, Tom, 5-year employee at $27,000, and Raul, a 10-year employee at $33,000. All are employed as certified medical assistants, yet they all make different amounts of money. According to survey data, all three employees are below the market rate for this job in the local job market. All three employees are also exemplary employees with near perfect scores in their most recent performance evaluation.

Write a 700- to 1,050-word paper that includes the following:

Explain the discrepancy in pay among the current employees.

            In every organization, employees often pay attention to what they will be getting in the form of payment after rendering their services and applying their skills in the workplace. By doing so, their expectation is that their employers will compensate them as per the agreement or as stipulated in the contract. Employees are different in every organization, and their compensation varies depending on their experience and skills they have, and the positions they hold. As a result, the differences in compensation results in a scenario where employees may be performing similar tasks, but are compensated…
Describe the strategy you would take to correct the internal equity issue.

Given the scenario provided, it is important that a viable strategy is identified as it will facilitate easy identification of the underlying problem of discrepancy in pay among employees in the organization. As the HR consultant, the first strategy that best suits the situation is the reviewing of the experience and skills records of all the three employees. This move will be important as situations involving employees paid…
Describe the strategy you would take to correct the external equity issue.

According to Flammer e al. (2019), the discrepancy in pay occurs when employers across organizations seek to increase revenue and profits by minimizing labor costs and wages. Therefore, in order to ensure the external equity issue is solved, the strategy that should be applied is the passage of labor laws via employment legislation, which will facilitate the formulation of employment policies urging employers…

Explain how you will ensure that new hires will be paid equitably both internally and externally.
Explain how an organization’s Total Compensation strategy affects an organization’s financial operations and its ability to attract, motivate, and retain top talent.