The Effects of Human Capital and Job Characteristics on Pay

This paper examines the influence of both the worker characteristics and job characteristics on pay. Data were collected specifically for this purpose. We find that both worker characteristics and job characteristics are important determinants of pay. In addition we find that females hold jobs that...

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Bibliographic Details
Published in:The Journal of human resources 1994-04, Vol.29 (2), p.481-503
Main Authors: Schumann, Paul L., Ahlburg, Dennis A., Mahoney, Christine Brown
Format: Article
Language:English
Subjects:
Communication skills
Comparable Worth
Demographic aspects
Economics
Educational Attainment
Employed Women
Employment
Employment Level
Equal pay for women
Fact finding
Factors
Finance companies
Human Capital
Human resources
Incumbents
Job analysis
Job descriptions
Labor economics
Labor force
Labor markets
Men
Occupational Information
Salary Wage Differentials
Statistical analysis
Studies
USA
Wage differential
Wage differentials
Wages
Wages & salaries
Women
Women's Compensation for Work
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Description
Summary:This paper examines the influence of both the worker characteristics and job characteristics on pay. Data were collected specifically for this purpose. We find that both worker characteristics and job characteristics are important determinants of pay. In addition we find that females hold jobs that are of lower value to the firm. This explains part, but not all, of the gross male-female pay differential. It also has implications for the effect of comparable worth policies.
ISSN:0022-166X
1548-8004
DOI:10.2307/146107