Article: Relative importance of referents on pay satisfaction: a review and test of a new policy-capturing approach.

After decades of research on its dimensionality, antecedents and consequences, pay satisfaction remains a construct of interest to both scholars and practitioners. One reason for the continuing interest is its link to important employee behaviours such as absenteeism, turnover, union voting and extra-role behaviours (Heneman, 1985; Scholl, Cooper & McKenna, 1987; Weiner, 1980). Although there is much in the literature on pay satisfaction and its related constructs, the issue of pay referents remains under-researched. The selection of pay referents is an important construct closely related to pay satisfaction because social comparison is the core construct in major theories ...

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