What Form of Pay Equity Exists When Employees Are Paid

question 122

Multiple Choice

What form of pay equity exists when employees are paid according to the differences in job characteristics within the company?

• A) internal
• B) employee
• C) external
• D) team

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Definitions:

Tenancy Termination

Refers to the legal process or conditions under which a rental agreement between a tenant and landlord is ended.

Notice

A formal or informal communication or indication that informs a party of a fact, decision, or legal process, which may have implications for rights or duties.

Advance

Money paid or received before it is due, often used in contexts like salary advances or advance payments.

Periodic Tenancy

A tenancy agreement that automatically renews for a fixed period, such as monthly or yearly, until notice is given to terminate it.