Answer:
Internal equity contributes to a company culture of fairness, and employees are more likely to feel valued and less likely to claim discrimination.
Explanation:
Internal equity is the process by which a company ensures that compensation for a particular job role is uniform. It is put in place to create fairness between coworkers.
If there is a disparity in wages of staff on the same level, it will cause dissatisfaction and feeling that they are not appreciated. Employees may eventually leave.
In the given scenario an employee had been told that a recent hire with the same job and skill set was offered $1,000 more per year than she was.
To pacify her the company gave her a pay raise to match that of the recent hire plus another 25 cents per hour.
If there was a good internal equity this awkwardness would have been avoided.
Answer:
broker
Explanation:
Based on the information provided about Tim it seems that Tim's description shows that he is most likely a broker. This term refers to an individual that arranges specific transactions, usually between a buyer and a seller. Which in this situation it seems that he has brokered a lot of deals with people in the food industry which is why he has a lot of connections in this market and is able to help Lyle find buyers for his salsa.
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