External equity refers to .
A) how a job's pay rate in one company compares the job's pay rate in other companies
B) how fair the job's pay rate is, when compared to other jobs within the same company
C) the fairness of an individual's pay as compared with what his or her coworkers are earning for the same or very similar jobs within the company, based on each individual's performance
D) the perceived fairness of the processes and procedures used to make decisions regarding the allocation of pay
E) the use of salary surveys to monitor levels paid for jobs industry -wide
Correct Answer:
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