The pay parity matrix - a tool for analysing the structure of pay

This article introduces a new tool for measuring relative pay within organizations. We call this innovation the 'Pay Parity (PP) matrix', and discuss its advantages and useful properties. The PP matrix allows us to conveniently measure, and draw inferences about, the nature of the whole remuneration schedule, such as its gradient and smoothness. We illustrate the application of the PP matrix by using data on the remuneration of academic executives in universities.

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Year of publication:	2012
Authors:	Clements, Kenneth W. ; Izan, Izan H. Y.
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 44.2012, 34, p. 4515-4525
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010824118