Which of the following best defines internal equity?
A) how a job's pay rate in one company compares to the job's pay rate in other companies
B) how fair the job's pay rate is, when compared to other jobs within the same company
C) the fairness of an individual's pay as compared to a co-worker's pay for the same job
D) the perceived fairness of the processes and procedures used to make compensation decisions
Answer: B
Business
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