Which of the following types of equity do wage and salary surveys permit an organization to maintain?
A) internal
B) distributive
C) external
D) salary

Question

Quizplus · Accepted Answer

Wage and salary surveys permit an organization to maintain external equity, which refers to the fairness of an organization's pay levels in comparison to other organizations in the same industry or location. By comparing their pay levels to those of their competitors, companies can ensure that they are offering competitive salaries and benefits to attract and retain top talent. Internal equity refers to the fairness of pay levels within the organization, while distributive equity refers to the perceived fairness of pay outcomes based on employee inputs such as performance, seniority, and experience. Salary equity is not a recognized term in the field of compensation.

Which of the Following Types of Equity Do Wage and Salary