Internal Equity

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Term: Internal Equity

Definition:Internal equity is an important objective of the overall compensation program and can be accomplished when jobs are valued fairly and objectively both within a company and to the appropriate external marketplace. Employee compensation should be delivered based on fair and objective criteria (such as merit, seniority, education, experience, training) to ensure the attainment of internal equity.

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CoursePage Number
78 - Salary Increase Planning 8
03-Total Rewards Today 4
34 - Using Job Evaluation in Your Organization 10
81 - Salary Structures and Pay Delivery 7
81 - Salary Structures and Pay Delivery 17
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