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Question:

pdrum
pdrum
Student
Community / Jr. College

Does anyone have a basic definition for "individual pay equity"?

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Posted by pdrum on Monday June 23, 2008 at 2:37 PM and tagged with compensation, definition, equity, individual, pay.


Answers:

  1. pmiranda2857
    pmiranda2857 Teacher
    High School - 11th Grade

    Individual pay equity is compensation given to an employee based on the value that the individual employee brings to the corporation.

    Your pay or salary is based on your value as an employee, which translates into how your input as an employee contributes to the profit or earning capacity of the company.

     

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    Posted by pmiranda2857 on Monday June 23, 2008 at 4:53 PM

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