| Abstract: | Used computer simulation to convert E. Jaques's 1961 theory of equitable payment into the composites model utilized by the M. Haire et al's (see record 1967-14292-001) study of career pay. Salaries of 100 Ss were stochastically allocated for 25 time periods. A Markovian process model produced a set of pay parameters that more closely replicated past empirical findings than the parameters produced by an independent process model. Distributing pay increases according to differentially developing work capacity curves yielded pay increases distributed at random with respect to past salaries. Thus, Jaques's theory of equitable payment provides one explanation for the empirical findings generated by previous studies of career pay curves. (22 ref) (PsycINFO Database Record (c) 2010 APA, all rights reserved) |
