Perceived fairness of job rankings within an organization is referred to as:
A)external equity
B)internal equity
C)labour harmony
D)unionization
E)turnover

Question

Quizplus · Accepted Answer

Internal equity refers to the perception of fairness in how jobs are ranked within an organization, taking into account factors such as skill level, responsibility, and experience. This relates to how employees perceive their relative value to the company compared to their coworkers, and can impact morale and job satisfaction. External equity refers to how an organization's pay and benefits compare to those of other companies in the industry. Labour harmony, unionization, and turnover are all related to broader issues of employee relations and are not specifically about job rankings.

Perceived Fairness of Job Rankings Within an Organization Is Referred