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Salary growth as a criterion of career progress.
Authors:Hilton  Thomas L; Dill  William R
Abstract:As a possible improvement on absolute salary as a criterion, the authors computed the annual percentage growth of the salaries of 143 engineering graduates employed in industry. Although 1st-year salaries increased markedly from 1950 to 1955, and 1957 salaries varied with years of service, the growth rates were homogeneous. The rates for different professional groups were different 1st-year salary and salary growth were unrelated. Growth was related to academic grades, but absolute salary unexpectedly had a stronger relationship. Salary growth has some useful properties, but it is not uniformly applicable. (PsycINFO Database Record (c) 2010 APA, all rights reserved)
Keywords:salary growth  professional groups  engineering graduates  career progress
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