Question

a) Team-based compensation
b) Extrinsic rewards
c) Compensation administration
d) Ordering method
e) Fair Labor Standards Act
f) Performance-based rewards
g) Wage structure
h) Differential
i) Organization-wide incentive
j) Classification method
k) Equal Pay Act
l) Merit pay
m) Golden parachute
n) Compensation surveys
o) Exempt

Passed in 1963, this act mandates that organizations compensate men and women doing the same job in the organization with the same rate of pay.

Answer

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