internal equity Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “internal equity” - 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, ​internalequity was ​found to be more important to salespersons than ​externalequity.
(Definition of internal equity from the Cambridge Business English Dictionary © Cambridge University Press)
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