A COMPARISON OF SALARIES PAID TO SCIENTISTS AND ENGINEERS BY DEFENSE LABORATORIES AND BY PRIVATE INDUSTRY.
Abstract
Data dividing the entire population of professionals in science and engineering into subpopulations on the basis of age, salary and degree (level of educational attainment) became available and are employed in the analysis of salary comparability. In addition to the mean salaries of these subpopulations, the boundary salaries for their upper quartiles and deciles are examined. This approach represents an attempt to avoid the pitfalls of concentrating solely on mean salary. For example, while the mean salary of professionals in two organizations may be the same, the top 10 percent in one may be paid significantly more than the comparable group in the other. In that situation, the first organization could 'bid away' the top professionals from the second. By analyzing the standard deviations of salaries received by these subpopulations, an attempt is made to measure salary dispersion, which may be very important to the retention of highly qualified professionals. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 28, 1965
- Accession Number
- AD0643800
Entities
People
- Frank A. Nicolai
Organizations
- Office of the Director