USING AN EQUITY/PERFORMANCE MATRIX TO ADDRESS SALARY COMPRESSION/INVERSION AND PERFORMANCE PAY ISSUES

Peter Richardson, Steven Thomas
2013 Administrative Issues Journal Education Practice and Research  
Pay compression and inversion are significant problems for many organizations and are often severe in schools of business in particular. At the same time, there is more insistence on showing accountability and paying employees based on performance. The authors explain and show a detailed example of how to use a Compensation Equity/ Performance Matrix (CEPM) approach to rationally and fairly address both of these issues simultaneously. The context is discussed along with the use and limitations
more » ... se and limitations of this approach. The CEPM approach can be used by any type of organization facing these problems. VOLUME 3, ISSUE 1 b as being an ongoing reviewer for conferences and journals. Dr. Richardson has conducted numerous workshops and seminars for local and regional organizations and has served as a consultant to a number of organizations.
doi:10.5929/2013.3.1.3 fatcat:d4h7emp2nje77isviobn6bcm34