Kari Scott was trying to make a decision between two job offers.The jobs and the type of organization in which the jobs were located were quite similar but the content and distribution of the total compensation package held significant differences.In trying to make her decision,she made the following comparison list:
Base Salary:Vacation:Life Insurance:Medical InsuranceDefined ContributionPension Plan:grossPaid Sick Leave:Job A $ 36,000 / year3 weeks/year to startOne times annual salary 0.333 % per $ 1000 coverageSimilar to Job BEmployee contributes 5 % of grossannual salary; Employer matches 1:1matches 50 % of employee contribution contributionUse up to 10 sick days per year,unused days paid out at end of yearJob B $ 45,000 / year2 weeks/year to startDouble annual salary 0.333 % per $ 1000 coverageSimilar to Job AEmployee contributes 5 % ofannual salary, Employerof employeeUse up to 6 sick days per year,unused days lost at end of year
-The gross (before taxes) value of the vacation days is __________ for Job A and ________ for Job B this year.
Ethical Research
The practice of conducting studies and experiments in accordance with established ethical principles to ensure fairness, integrity, and respect for all participants.
Random Assignment
A method used in experiments to place participants into separate groups using randomization, which helps ensure that each group is similar at the start of the experiment.
Laboratory Experiment
A research method in which variables can be controlled and manipulated in a highly regulated environment to observe the effects on other variables.
Psychological Experiment
An investigation in which a researcher manipulates one or more variables to observe the effect on some behavior or mental process.