The Pay Parity Matrix A Toll For Analysing The Structure of Pay
Kenneth Clements and
Izan Izan
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Izan Izan: UWA Business School, The University of Western Australia
No 10-16, Economics Discussion / Working Papers from The University of Western Australia, Department of Economics
Abstract:
This paper introduces a new tool for measuring relative pay within organisations, which we call the “pay parity (PP) matrix” and discusses 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. This tool has wider uses whenever matrix comparisons are involved.
Pages: 34 pages
Date: 2010
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https://www.business.uwa.edu.au/__data/assets/pdf_ ... Structure_of_Pay.pdf
Related works:
Journal Article: The pay parity matrix - a tool for analysing the structure of pay (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:uwa:wpaper:10-16
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