The comparison between what salary coworkers are getting for similar jobs is called?
Correct answer: A. individual equity
- A. individual equity
- B. pay rate equity
- C. collective equity
- D. procedural equity
Explanation
Individual equity concerns whether an employee’s pay is fair compared with the pay of coworkers doing similar work. Procedural equity instead concerns whether the process used to set pay is fair.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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