What Form of Equity Exists When Individuals Performing Similar Jobs

question 141

Multiple Choice

What form of equity exists when individuals performing similar jobs for the same firm are paid according to factors unique to the individual, such as performance level or seniority?

• A) internal
• B) employee
• C) external
• D) team

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Definitions:

Unions

Organizations formed for the purpose of representing their members' interests in dealing with employers.

Collective Bargaining

Negotiation between union representatives and management representatives to arrive at a contract defining conditions of employment for the term of the contract and to administer that contract.

Objectives

Specific, measurable goals that are designed to be achieved within a certain timeframe.

Data

Quantitative or qualitative values that represent information or variables, often used for analysis or to make decisions.