?
Match the following.
| List-I (Industry Profession) |
List-II (Pay Plan) |
| a. A pay plan in which most employees are part of the same compensation system |
1. Elitest pay system |
| b. A pay plan in which different compensation system are established for employees or groups at different organisational levels |
2. Skill based pay |
| c. A pay system in which employees are paid on the basis of the jobs they can do |
3. Egalitarian pay system |
| d. The perceived fairness of the pay structure within a firm |
4. Internal equity |
Answer & Solution
Correct Answer:
Option
B
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