Assembly workers at GM receive wages that are comparable to those received by assembly workers at Ford. What form of equity most likely exists at GM?

Question

Quizplus · Accepted Answer

C) External equity exists when a firm's employees receive pay comparable to workers who perform similar jobs in other firms. Compensation surveys help organizations determine the extent to which external equity is present. Internal equity exists when employees receive pay according to the relative value of their jobs within the same organization.

Assembly Workers at GM Receive Wages That Are Comparable to Those