Examlex
Which of the following concepts refers to an economy based on computer technology?
Internal Equity
In compensation refers to comparisons made by employees to other employees within the same organization.
Classification System
The classification system for job evaluation attempts to group sets of jobs together into clusters, which are often called grades.
Job Evaluation
The process of analyzing and assessing various jobs systematically to ascertain their relative worth in an organization.
Pay Compression
A situation where there is little difference in pay between employees regardless of their skills, experience, or job responsibilities.
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