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Asked by: Blythe Baldes
business and finance private equityWhat are the principles of equity in the workplace?
Moreover, what are the principles of EEO?
Equal employment opportunity is a governmentpolicy that requires that employers do not discriminate againstemployees and job applicants based upon certain characteristics,such as age, race, color, creed, sex, religion, anddisability.
Likewise, what is equity in the workplace?
Equity in a workplace means everyonereceives fair treatment. There's a transparency to cause andeffect, and everyone knows what to expect in terms of consequencesand rewards. When equity exists, people have equal access toopportunities. It sets up an advantageous environment for both theemployees and the employer.
Equity is measured by comparing the ratio ofcontributions (or costs) and benefits (or rewards) for each person.The structure of equity in the workplace is based on theratio of inputs to outcomes. Inputs are the contributions made bythe employee for the organization.