What compensation principle asserts that employees performing jobs of similar internal value or worth to an organization should receive comparable pay, even across different job families?

Explanation

• Comparable Worth (pay equity) argues that jobs held predominantly by women vs men that require equal value/skill to the employer should be paid equally.
• External Equity compares pay rates to competitor market rates.
• Pay Compression occurs when salary differences between new hires and senior staff narrow excessively.