Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “external equity”

external equity

noun [U]     (also external competitiveness)
HR the situation in which employees of a company receive pay that is fair , when it is compared to the pay of employees in other companies who do the same job : Among retail salespersons, internal equity was found to be more important to their job satisfaction than external equity . → Compare internal equity
(Definition of external equity noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of external equity

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More