Equity consulting firm did a job evaluation

Assignment Help Business Economics
Reference no: EM135808

Q. Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs. It then estimated the following male and female pay lines by ordinary least squares regression, where Y denotes annual earnings, P denotes job evaluation points, and the subscripts m and f denote male and female respectively:

Ym = 5000 + 100Pm

Yf = 4000 + 80Pf

Assume that you were an employee in the female-dominated jobs and that your job evaluation score was 200.

a. What would your pay before pay equity?

b. What would it be after pay equity? What is the magnitude of your pay equity award?

Reference no: EM135808

Questions Cloud

Why yeast and salamanders are not so different : Multicellular animals have some mechanism to control cell mass that we do not understand; for in case, salamanders of different ploidies are the same size such that a haploid, a diploid, and a pentaploid organism are about the same size.
Evaluate value assigned to the property : The board of directors of the entity receiving the property should guess a value for the property that will serve as a basis for the transaction
The expected relative duration of the g1 and g2 phases : Though, at the restrictive temperature, the minimum size required to enter mitosis is decreased greatly; as a result, diminutive daughter cells are produced.
How vectorcal could estimate the future indirect costs : Suggest one way in which how VectorCal could estimate the future indirect costs for at least ten potential line items related to the production of its navigation systems
Equity consulting firm did a job evaluation : Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs.
Which commonly applies to hospitality industry : What are the disadvantage and advantage of each and which commonly applies to hospitality industry. How is this caused by the sympathetic nervous division.
The danger or probability of loss to an insurer : Risk is one of those words that takes on a myriad of meanings, depending upon the discipline."risk" is defined as: 1. The possibility of suffering harm or loss; danger.
How the model explains competitive interaction : Offer a model to explain how the F-box protein SLF and the S-RNase mediate self incompatibility. Be sure to account for the action of these proteins in compatible and incompatible interactions.
Journalize the adjusting entries and the transactions : Journalize the adjusting entries and the transactions - Transactions for fixed assets including sale

Reviews

Write a Review

 

Business Economics Questions & Answers

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Fear the boom and bust

Watch the video titled Fear the Boom and Bust. Using the tools of macroeconomics, identify the primary difference between the two philosophies.

  Business owner making final decision of international aspect

As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee

  Find the sub game perfect equilibrium

Can you find a Nash equilibrium in pure strategies that is not efficient. Find the sub game perfect equilibrium as a function.

  Factors determine the demand for british pounds

Why all the balance of payments accounts be in surplus. What factors determine the demand for British pounds in foreign exchange markets.

  Factors that affect pay differentials

What are the factors that affect pay differentials? How does each factor increase or decrease relative wages?

  Describe economic contraction and economic expansion

Describe the difference between Economic contraction and Economic expansion

  Aggregate demand and supply

The vertical long run AS curve compatible with classical economics implies that AD only determines the price level

  Monopoly necessarily bad public policy

Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?

  Discuss industry concentration

Suppose that in the 1990's, the average retail price of a roll of Kodak film was $6.95 and that Kodak's marginal cost was $3.475 per roll. Based on this information, discuss industry concentration.

  Values of the real interest rate

Find the equilibrium values of the real interest rate, consumption, investment, and the price level.

  Total benefits from each project

Representatives were to logroll (trade votes) to get their preferred policy to pass, what would be the result. What are the total benefits from each project.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd