Examlex
Which of the following represents the recent generic structure of HRM function?
Pay Surveys
Are surveys of compensation paid to employees by other employers in a particular geographic area, industry, or occupational group.
Internal Equity
The fairness with which an organization's compensation policies and practices distribute resources among its employees.
Source of Information
The origin from which data or knowledge is obtained.
Pay Compression
A situation where there is only a small difference in pay between employees regardless of their experience, skills, or seniority, often leading to dissatisfaction and motivational issues.
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