Perceived fairness of a pay system across different jobs within an organization is referred to as:
A) external equity
B) internal equity
C) pay equity
D) equal pay
E) equal opportunity

Question

Quizplus · Accepted Answer

Internal equity refers to the fairness of pay between different jobs within the same organization. It takes into consideration factors such as job size, complexity, and skills required for each position. External equity, on the other hand, refers to the fairness of pay compared to similar jobs in other organizations. Pay equity refers to the elimination of gender or minority-based pay disparities, while equal pay focuses on equal pay for equal work regardless of demographic factors. Equal opportunity refers to providing equal access and treatment to all individuals in the workplace, including job opportunities and promotions.

Perceived Fairness of a Pay System Across Different Jobs Within