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Measurement Error in Comparable Worth Pay Analysis: Causes, Consequences, and Corrections
Author(s) -
Greig Jeffrey J.,
Orazem Peter F.,
Mattila J. Peter
Publication year - 1989
Publication title -
journal of social issues
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.618
H-Index - 122
eISSN - 1540-4560
pISSN - 0022-4537
DOI - 10.1111/j.1540-4560.1989.tb02364.x
Subject(s) - reliability (semiconductor) , economics , context (archaeology) , plan (archaeology) , actuarial science , politics , labour economics , political science , law , history , paleontology , power (physics) , physics , archaeology , quantum mechanics , biology
This paper discusses various problems that may arise in a comparable worth pay analysis, as illustrated by experiences with comparable worth in Iowa and other states. These problems include the choice of the number and type of job factors, the method of assigning values to each job factor, the method of selecting factor weights, and political and other modifications made when a pay plan is implemented. Special attention is given to the role of market wages in setting wages in the context of an internal labor market and as part of the comparable worth pay analysis. The paper also analyzes the impact of interteam rater reliability on pay analysis and suggests a method for correcting for variation in reliability among the job factors.