Information used to assess external equity is likely collected with
A) pay surveys.
B) benefits administrators.
C) compensation calculators.
D) random telephone interviews.
E) none of these.

Question

Quizplus · Accepted Answer

Pay surveys are commonly used to collect information about external equity, as they provide data about the pay practices of other organizations in the same industry or geographic area. This helps companies understand how their pay rates compare to those of their competitors, and whether adjustments need to be made to attract and retain top talent.

Information Used to Assess External Equity Is Likely Collected with