When Resolving Conflicts Between External and Internal Equity, There Is

question 82

True/False

When resolving conflicts between external and internal equity, there is a growing sentiment that external comparisons deserve greater weight because organizations are finding it increasingly difficult to ignore market competitive pressures.

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Definitions:

Company's Intranet

A private network accessible only by an organization's staff, generally used for sharing information, operational systems, or services within the company.

Lead-The-Market Pay Strategy

A compensation strategy where an organization aims to offer wages higher than the average market rate to attract and retain top talent.

Direct Applicants

Individuals who apply for a position directly with an employer, without intermediaries like recruiters or agencies.

Internal Recruitment

The process by which a business or organization seeks to fill vacancies from within its existing workforce, rather than by hiring externally.