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What does the term "Equity consideration" in compensation refer to?
  • a)
    Compensating employees equally regardless of their performance.
  • b)
    Adjusting compensation according to the cost of living.
  • c)
    Ensuring fairness in the relationship between an employee's efforts and rewards.
  • d)
    Providing non-monetary rewards to employees.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What does the term "Equity consideration" in compensation re...
Equity consideration involves ensuring fairness in the relationship between what an employee does (input) and what the employee receives (output) in terms of compensation. It's about maintaining a balance between the efforts an employee puts in and the rewards they receive.
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What does the term "Equity consideration" in compensation refer to?a)Compensating employees equally regardless of their performance.b)Adjusting compensation according to the cost of living.c)Ensuring fairness in the relationship between an employee's efforts and rewards.d)Providing non-monetary rewards to employees.Correct answer is option 'C'. Can you explain this answer?
Question Description
What does the term "Equity consideration" in compensation refer to?a)Compensating employees equally regardless of their performance.b)Adjusting compensation according to the cost of living.c)Ensuring fairness in the relationship between an employee's efforts and rewards.d)Providing non-monetary rewards to employees.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the term "Equity consideration" in compensation refer to?a)Compensating employees equally regardless of their performance.b)Adjusting compensation according to the cost of living.c)Ensuring fairness in the relationship between an employee's efforts and rewards.d)Providing non-monetary rewards to employees.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the term "Equity consideration" in compensation refer to?a)Compensating employees equally regardless of their performance.b)Adjusting compensation according to the cost of living.c)Ensuring fairness in the relationship between an employee's efforts and rewards.d)Providing non-monetary rewards to employees.Correct answer is option 'C'. Can you explain this answer?.
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