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Reyna Mejia
on Dec 08, 2024

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Wage compression may create problems related to which of the following?

A) external equity
B) internal equity
C) gender discrimination
D) racial discrimination

Wage Compression

A situation where differences in wages among employees in an organization become minimized, often due to external wage pressures or internal pay equity initiatives.

External Equity

The perception of fairness in compensation when comparing one's salary and benefits to those in similar positions in other organizations.

Internal Equity

The principle of ensuring that employees who perform similar jobs or have comparable skills and responsibilities within an organization are paid equitably.

  • Grasp the importance of internal and external equity in compensation management.
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CD
Courtney DawsonDec 12, 2024
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