A cash register, also referred to as a till in the United Kingdom and other Commonwealth countries, is a mechanical or electronic device for registering and calculating transactions. It is usually attached to a drawer for storing cash and other valuables.
Internal equity is a term related to various considerations about a workerâs view of the wages he or she receives in relation to ideas or observation of what wages he or she should.
An effective employee compensation system must balance two factors -- worker motivation and labor costs. In designing your company's pay plan, you must consider both external equity and internal equity.External equity refers to comparisons with other competitive pay structures.Internal equity means ensuring fairness in pay for employees working similar jobs.n designing your company's pay plan, you must consider both external equity and internal equity. External equity refers to comparisons with other competitive pay structures.