journal #7 - somewhat consistent factor that would control...

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Loryn Dion Oct. 26, 2010 SOC 320 Journal #7 – DD—Part Question 1 or 2 (p.215) 1) Discuss the different organizational and professional factors that can account for different levels of pay (compensation) among professionals. Explain how the author attempts to control these influences so that she can effectively assess gender differences in compensation among Wall Street securities professionals. Different factors that can contribute to different levels of pay among professionals are things like demands for particular professional skills, institutional norms, productivity related inputs, and interpersonal interactions. Within all of these factors, there is a lot of variation between businesses and industries, which makes sense because I think organizations that have more interpersonal interactions, like teams, would be less likely to see a pay gap because all workers at that level are able to interact with each other and see their similarities and strong points. On an organizational level, professional skills are a
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Unformatted text preview: somewhat consistent factor that would control pay, in my opinion. When you think about it, it makes sense that a person, whether man or woman, who has skills that are specific and beneficial to a position, that they would get the position and receive higher pay than those who don’t have those skills. I think the differences comes into play because of skills that men or women may be more inclined to achieve or possess. To control these influences, the author used a random, intensive, specific selection technique, which gave her a sample that had entered a small set of organizations with comparable prestige within a single industry during a short period of time. This whole system controlled the variation in market conditions and organizational market technique. Also, her technique allowed her to not have to involve the firm. This ensured that all results were candid and that nothing was left out to make the results seem more fair....
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This note was uploaded on 02/10/2011 for the course SOC 320 taught by Professor Staff during the Spring '11 term at UMass (Amherst).

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