If an organization's pay rates are similar with prevailing rates in other organizations, the compensation structure reflects:
A)external equity.
B)internal equity.
C)face validity.
D)concurrent reliability.

Question

Quizplus · Accepted Answer

External equity refers to the fairness of pay rates compared to those in other organizations, ensuring competitiveness in the job market.

If an Organization's Pay Rates Are Similar with Prevailing Rates