Gibbs, Michael; Hendricks, Wallace - In: Industrial and Labor Relations Review 58 (2004) 1, pp. 71-93
Drawing on a single large U.S. corporation's personnel records for the years 1989-93, the authors analyze an example of the kind of formal salary system used by most large firms. The system was highly centralized, covering salary levels, salary ranges, raises, and bonuses. Supervisors had little...