Which of the following is based on the value to the institution of specific people rather than of the job group, position title, or class to which they belong?
a. class envy
b. individual equity
c. market value
d. external equity
e. internal pay equity

Option (B)

Explanation:

From the given options, we can state that Individual equity is more inclined toward value of institution of a specific person instead of a group. Individual equity tends to refers to the concept of the fairness of the individual’s pay that on comparison with his/her co-workers are supposedly earning for very same within the organization or company, that is mostly based on the individual’s performance.