Fun with numbers: Alternative models for predicting salary levels |
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Authors: | Catherine B Johnson Matt L Riggs Ronald G Downey |
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Institution: | (1) Planning and Evaluation Services, Kansas State University, 215 Fairchild Hall, 66506 Manhattan, KS |
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Abstract: | The increasing awareness and concern with equity issues in higher education, along with the escalating litigation, has prompted institutions to undertake salary prediction studies. Four prediction models (built on a males only and total sample) were compared: (1) entering all variables, (2) excluding rank and tenure, (3) using predicted rank and tenure, and (4) using only objective variables. Models were tested using all permanent full-time faculty at a large midwestern university. Using predicted rank and tenure was the most suitable for equity studies. Including all variables yielded the best results for explaining/predicting reward systems. The other two models did not appear appropriate for either purpose. The males only sample consistently produced the largest bias effects. Institutions considering a salary prediction study should find these outcomes helpful in determining appropriate analytical strategies. |
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