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ERIC Number: EJ793604
Record Type: Journal
Publication Date: 2008
Pages: 14
Abstractor: Author
Reference Count: 17
ISBN: N/A
ISSN: ISSN-1052-5629
It's All about the Money: Chris and Pat Compare Salaries
Renard, Monika K.
Journal of Management Education, v32 n2 p248-261 2008
Can you name 20 influences on pay that could cause a difference in earnings between two ostensibly equal employees? This short, involving exercise can be used to illustrate the numerous influences that affect how employees' pay is determined, for example, education, experience required for the job, supply and demand, company size, seniority, and merit. It identifies and clarifies three major categories of influences--internal consistency, external competitiveness, and individual contribution--that affect pay decisions and pay policies. The exercise stimulates students' thinking about pay issues and sets the stage for a discussion of effective compensation decisions. (Contains 1 table.)
SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: http://sagepub.com
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A