Human Resource Management · Compensation Management
Match the types of compensation equity in List I with their correct definitions in List II: List I (Type of Equity) (a) Internal Equity (b) Individual Equity (c) External Equity (d) Personal Equity List II (Definition) (1) Equity that exists when an employer pays a wage rate commensurate with wages in external labor markets. (2) Equity that exists when an employer pays wages commensurate with the relative internal value of each job. (3) Equity that exists when an employer compensates individuals in similar jobs based on variations in performance. (4) Equity that exists when an employer pays a wage rate that satisfies an employee's own perception of their worth.
- 1(a)-(2), (b)-(1), (c)-(3), (d)-(4)
- 2(a)-(2), (b)-(3), (c)-(1), (d)-(4)✓
- 3(a)-(4), (b)-(3), (c)-(1), (d)-(2)
- 4(a)-(4), (b)-(2), (c)-(3), (d)-(1)
Correct answer
(a)-(2), (b)-(3), (c)-(1), (d)-(4)
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