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Why does blood move slower in the capillaries compared to the arterioles?
Internal Equity
Refers to the fairness and consistency in pay structures for employees within the same company, ensuring equitable compensation for similar roles and responsibilities.
Salary
A fixed amount of money paid to an employee, usually on a monthly or annual basis, in exchange for their work.
Compensable Factors
Characteristics of a job that are used to determine its value and appropriate compensation, such as skill level and responsibility.
Point System
A form of job evaluation that assesses the relative importance of the job’s key factors in order to arrive at the relative worth of jobs.
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