The jobs pay rates on the basis of each individual performance is called?
Correct answer: D. individual equity
- A. procedural equityHire Resume Writers
- B. pay rate equity
- C. collective equity
- D. individual equity
Explanation
When pay is linked to each employee’s own performance, it reflects individual equity or individual performance-based compensation. Pay-rate equity instead asks whether rates are fair in comparison with other jobs or employees.
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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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