Accession Number:

AD0648757

Title:

A NEW METHOD FOR FITTING SALARY CURVES.

Descriptive Note:

Professional paper,

Corporate Author:

SYSTEM DEVELOPMENT CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1967-02-28

Pagination or Media Count:

19.0

Abstract:

The salary administrator often uses a set of curves to describe the relationship between salary and a maturity variable such as age or experience. The most common method for producing salary curves involves the fitting of a second-degree polynomial. This paper describes a method for improving such curves by means of a single restriction. Salary curves should be smooth, accurately fit the data, have a growth form, and in sets have conformable shapes but divergent slopes. Empirical evidence suggests that the new method produces salary curves which are always better, as judged by these five criteria. However, even the improved salary curves do not always satisfy these criteria to an acceptable degree. Author

Subject Categories:

  • Administration and Management
  • Personnel Management and Labor Relations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE