Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Internal Equity

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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Internal Labor Market

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