Information used to assess external equity is mostly collected through _____.
A) pay surveys
B) a point system
C) a classification system
D) job evaluation
E) maturity curves

Question

Quizplus · Accepted Answer

Pay surveys are used to gather information about what other organizations are paying employees in similar positions or industries. This information is then used to assess external equity, or how fair an organization's pay practices are relative to the larger labor market. Option B, C, D and E are methods used for evaluating internal equity, or how fairly an organization compensates employees within their own pay structure.

Information Used to Assess External Equity Is Mostly Collected Through