Using job evaluation and wage survey data jointly improves the likelihood of both internal and external equity.

Question

Quizplus · Accepted Answer

Job evaluation helps ensure internal equity by evaluating the relative worth of jobs within an organization, while wage survey data ensures external equity by comparing an organization's pay rates with those of the external labor market. Using both methods together allows an organization to balance internal job worth with external market rates, improving the likelihood of achieving both internal and external equity.

Using Job Evaluation and Wage Survey Data Jointly Improves the Likelihood