Which form of equity refers to how a job's pay rate in one company compares to the job's pay rate in other companies?
A) external
B) internal
C) distributive
D) procedural

Question

Quizplus · Accepted Answer

External equity refers to how a job's pay rate in one company compares to the job's pay rate in other companies. Internal equity, on the other hand, refers to how jobs within the same organization are compensated in relation to each other. Distributive equity relates to the fairness of how rewards are distributed among employees, while procedural equity refers to the fairness of the process used in decision-making and allocation of rewards.

Which Form of Equity Refers to How a Job's Pay