Internal Consistency Exists When Employees Perceive Their Pay Is Fair

question 34

True/False

Internal consistency exists when employees perceive their pay is fair relative to pay received by workers in other organizations who hold similar positions.

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Definitions:

Social Context

The environment of people, institutions, and culture that surrounds and influences the behavior of an individual or group.

Objectively Linked

A term describing entities or phenomena that are connected in a manner independent of individual subjective perceptions, usually through empirical evidence or logical relationships.

Comparable Returns

In finance, the relative performance measures of investment assets, considering the risk and time period involved.

Exchange Theorists

Scholars or theorists who focus on the study of social interactions and exchanges, analyzing how these actions influence relationships and societal structures.