Equity Exists When the Outcome/input Ratio of an Individual Is

question 42

True/False

Equity exists when the outcome/input ratio of an individual is equal to the outcome/input ratio of the referent.

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Definitions:

Profit-Sharing Plans

A form of employee reward system where a company shares a part of its profits with its employees as a motivational and loyalty-enhancing tool.

Employee Supervision

The act of overseeing and guiding employees' work and performance by a manager or supervisor to ensure tasks and objectives are accomplished.

Group Commissions

A remuneration system where a team of employees earns commissions collectively based on the group's overall performance.

Competitive Bonus

An additional compensation provided to employees to incentivize superior performance, often used to remain attractive in a competitive job market.