Which of the following is defined as the perceived fairness in pay relative to what other employers are paying for the same type of work?
A) internal equity
B) pay equity
C) external equity
D) equal pay
E) equal opportunity

Question

Quizplus · Accepted Answer

External equity is the perceived fairness in pay relative to what other employers are paying for the same type of work. Internal equity refers to the perceived fairness in pay for different jobs within the same organization, while pay equity refers to equal pay for equal work regardless of gender or other personal characteristics. Equal pay and equal opportunity are related concepts but not specifically related to perceived fairness in pay relative to other employers.

Which of the Following Is Defined as the Perceived Fairness