Decision-making effects on compensation surveys: implications for market wages

Article Abstract:

Compensation specialists made two survey-sample decisions in a simulated wage survey. Policy-capturing analyses indicated that most specialists relied extensively on two of the available cues and consistently applied that policy across judgments. They were not able to accurately estimate their own decision-making policies, as demonstrated by the fact that rationally generated assessments of cue importance were significantly different from their actual policies. Finally, meta-analyses demonstrated that the variation in policies across decision makers could not be attributed to statistical artifacts or any moderators (e.g., salary-survey experience or industry) associated with the demographic data. Thus, different compensation specialists are likely to select a different sample of employers even for the same wage survey. Implications for the relevance of market wages obtained from surveys are discussed. (Reprinted by permission of the publisher.)

Decision-making, Decision making, Influence, Wage surveys, Wages, Wages and salaries

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Contrast effects in behavioral measurement: an investigation of alternative process explanations

Article Abstract:

The between-ratee contrast effect in behavioral measurement was examined from an information processing perspective. Two potential sources were investigated: (a) transiently shifting standards or short-term changes in standards applied in the rating process and (b) encoding of context-discrepant stimuli or disproportionate use of behavioral information inconsistent with the immediate context. When both of these were examined directly, only the discrepant-behavioral-stimuli phenomenon received support as a source. Behaviors discrepant with a transiently established context had a disproportionate impact on impression and evaluation. Recent theory in social cognition provided a conceptual analysis of the discrepant-stimuli process. Implications of the results for eliminating or avoiding contrast error in behavioral measurement are discussed, as are suggestions for future research. (Reprinted by permission of the publisher.)

Analysis, Behavioral assessment, Human information processing, Psychological research

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Estimating the standard error of projected dollar gains in utility analysis

Article Abstract:

Although attention given the utility analysis of personnel interventions has substantially increased recently, researchers have not addressed the problem of the standard error of utility estimates. The method for estimating such standard errors is presented and demonstrated in this article. (Reprinted by permission of the publisher.)

Human resource management, Management research, Psychology, Applied, Applied psychology

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