The process of establishing the pay rates includes an ensuring is called?
Correct answer: D. all of above
- A. internal equity
- B. external equity
- C. procedural equity
- D. all of above
Explanation
A sound pay-rate process seeks internal equity between jobs in the same organization, external equity with the labor market, and procedural equity in how decisions are made. Thus, all the listed forms of equity are relevant.
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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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