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Organizational Wage Inequality

  • By: Donald Tomaskovic-Devey Dustin Avent-Holt
  • In: Sociology of Work: An Encyclopedia
  • Edited by: Vicki Smith
  • Subject:Organizational Psychology, Sociology of Work (general), Organizational Theory

The dominant academic explanation of wage setting is the economic theory of human capital, which asserts that people are most often paid based on their productivity at work and that the value of their work is determined by supply and demand ...

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