Which of the following is a term for employees who receive pay according to unique factors such as performance?

The term that accurately describes employees who receive pay based on unique factors such as performance is Employee Equity. This concept emphasizes the idea of fairness within the pay structure, where employees are compensated not just based on their position or role, but also reflecting their individual contributions, performance outcomes, and value to the organization. In practical terms, Employee Equity ensures that workers feel their efforts are recognized and rewarded appropriately, which can lead to increased motivation and job satisfaction.

While Internal Equity focuses on the fair pay relationship among different employees within the same organization, looking at their roles, responsibilities, and performance in a comparative context, it does not specifically focus on unique individual factors such as performance. Similarly, External Equity relates to how an organization’s pay compares to the market standards or competitors, rather than recognizing individual performance traits. Market Rate refers to the average pay for specific positions within the job market and does not account for variations based on an employee's unique performance metrics. Therefore, Employee Equity is the best term to describe a pay structure that incorporates unique performance factors.