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Human Resource Management (HRM)
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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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