The pay parity matrix − a tool for analysing the structure of pay
AbstractThis 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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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 44 (2012)
Issue (Month): 34 (December)
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Other versions of this item:
- Kenneth W Clements & Izan H Y Izan, 2010. "The Pay Parity Matrix A Toll For Analysing The Structure of Pay," Economics Discussion / Working Papers 10-16, The University of Western Australia, Department of Economics.
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