Examlex
A basic assumption of Buhler's theory is that each human life is coherently organised from birth to death around a goal activity.
External Equity
The fairness of an employee's compensation as compared to what others in the external job market are receiving for similar work.
Job-Based Pay
A compensation strategy that determines an employee's salary based primarily on the specific job or position they hold.
Competency-Based Pay
Pay based on an employee’s skill level, variety of skills possessed, or increased job knowledge
Hay Profile Method
A job evaluation technique using three factors—knowledge, mental activity, and accountability—to evaluate executive and managerial positions.
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