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dc.contributor.authorWeber, Caroline L.
dc.contributor.authorRynes, Sara L.
dc.date.accessioned2020-11-25T14:53:56Z
dc.date.available2020-11-25T14:53:56Z
dc.date.issued1989-01-06
dc.identifier.other178439
dc.identifier.urihttps://hdl.handle.net/1813/77272
dc.description.abstractPrevious research has revealed wide variations in pay for the same job, even within a single locality. To date, however, the sources of such pay differentials are not well understood. The present research investigates how compensation managers from a wide variety of organizations combine infonnation about current job pay rates, market rates, and job evaluation points to arrive at new pay rates for jobs. In addition, it examines the role of two pay strategy variables (pay leadership position and external versus internal orientation) in job pay decisions, controlling for differences in organizational demographic characteristics (e.g., size, industry). Results suggest that pay strategies affect assigned pay levels, with higher pay being assigned by managers from fmns with market-leading strategies and internal pay orientations. In addition, pay strategies appear to influence the relative weights attached to market survey versus job evaluation infonnation in pay-setting for jobs. Specifically, although market survey information consistently explained more variance in assigned pay than did job evaluation, this effect was more pronounced among managers from finns having an external orientation. Organizational demographics also affected assigned pay levels, but to a lesser extent than pay strategies.
dc.language.isoen_US
dc.subjectcompensation
dc.subjectstrategy
dc.subjectjob
dc.subjectpay
dc.subjectpay differential
dc.subjectmanager
dc.subjectlabor market
dc.subjectmarket rates
dc.subjectdemographics
dc.subjectCAHRS
dc.subjectILR
dc.subjectcenter
dc.subjecthuman resource
dc.subjectstudies
dc.subjectadvance
dc.subjectemployee
dc.titleEffects of Compensation Strategy on Job Pay Decisions
dc.typepreprint
dc.description.legacydownloads89_06_Effects_of_compensation_strategy.pdf: 7237 downloads, before Oct. 1, 2020.
local.authorAffiliationWeber, Caroline L.: Cornell University
local.authorAffiliationRynes, Sara L.: Cornell University


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