The salary surveys are used for monitoring and maintaining?
Correct answer: A. external equity
- A. external equity
- B. internal equity
- C. compensating equity
- D. collective equity
Explanation
Salary surveys compare an organisation's pay with rates offered by other employers, helping maintain external equity. Internal equity instead concerns fairness among jobs within the same organisation.
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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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