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What Does a High Correlation Between Two Variables Show

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What does a high correlation between two variables show?


Definitions:

External Equity

A principle in compensation that ensures employees are paid comparably to workers in other organizations doing similar jobs.

Wage And Salary Surveys

Studies of the wages and salaries paid by other organizations within the employer’s labor market.

Equal Pay For Work

Advocates for the principle that individuals should receive the same remuneration for the same work or work of equal value, irrespective of gender, ethnicity, or other unrelated factors.

Comparable Worth

The concept that jobs of equal value to an organization should receive equal pay, even if the jobs are different in nature.

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