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Hello, I am looking for someone to write an article on Salary Dependence on Social Factors. It needs to be at least 2000 words.
Hello, I am looking for someone to write an article on Salary Dependence on Social Factors. It needs to be at least 2000 words.
And the equation is as below.In work fields, it is the order of the day that you can work with a person and end up being paid very little as compared to what he/she is getting at the end of the pay period (Mailu, S 2000). This is caused by many factors but the majority tend to think that, the level of education, sex, work experience, his/her race, the occupation one is in, the sector, the marital status, where one lives and whether one is a member of the union, has a lot to do with the remuneration package one gets.
In view of this, the above project was carried out to determine whether this is true and if not what really matters in such situations. Data were collected and analyzed according to Jacob, C (1998). The way a certain group is represented in the sample determines a lot how that groups will behave and also how their findings will be generalized (Agnes, W 2002). In this case regression analysis is used to determine if the coefficients used are significant or not. According to Smith (2000), regression tells more of how a certain factor contributes towards the other.
From tables 1-5 above, the whites earn a bit high than the other races although the difference in wage is not significant. The same applies to gender. males are a bit high in wage than the females with a difference of 2.11 which is statistically different. Union members earn better than their counterparts who are not union members and have a significant difference of 2.16. In the different job categories, those working in management earn better followed by those that are professionals although the difference is not statistically significant.
However, management and professionals earn differently from the other categories and the various mean differences are statistically different at a 95% confidence level. Clerical jobs are poorly paid. Experience contributes much as well as the level of education one has attained.Furthers, those that have spent many years in .school earn better than those that have spent a little while in school. .