Meaning of “internal equity” in the English Dictionary


"internal equity" in Business English

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internal equitynoun [ U ]

uk us

HR a situation in which employees who do similar jobs within a company receive similar salaries, and the amount they are paid is related in a fair way to the type of job that they do:

Among retail salespersons, internal equity was found to be more important to salespersons than external equity.

(Definition of “internal equity” from the Cambridge Business English Dictionary © Cambridge University Press)