The Principle of Equal Pay for Different Jobs of Equal

question 120

Multiple Choice

The principle of equal pay for different jobs of equal value is called

• A) Cafeteria pay.
• B) Equal benefits.
• C) Disparate impact.
• D) Comparable worth.
• E) Analogous worth.

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Definitions:

Merit Pay System

A merit pay system is a compensation approach where employees are rewarded based on their performance and achievements, typically assessed through performance evaluations.

Bonus Pay Plans

Compensation methods that reward employees with extra pay based on performance, successful achievement of objectives, or company profitability.

Performance Targets

Specific goals set by a company or an individual to measure the level of success or efficiency in completing tasks or objectives.

Merit Pay Systems

Compensation strategies where employees' base pay increases are contingent upon their performance, often measured through performance appraisals.