3. Use a calculator to make a chart projecting the effects of performance-reward disparities (Castillas study, discussed
Question:
3. Use a calculator to make a chart projecting the effects of performance-reward disparities (Castilla’s study, discussed in the chapter) in salary growth for White men, White women, and people of color.
a. Make columns for starting salaries of $30,000 for the new employees. Use different annual salary increase estimates (e.g., 1%, 3%, 5%, or other estimates) for each demographic group. What are the salary differences after 10 years? After 20 years?
b. What effects would such disparities in salary growth have on each employee's and the employer's contributions to the employees’ Social Security, tax-deferred savings plans, and retirement plans
c. What effects would such disparities have on other outcomes for these groups (e.g., housing opportunities, investments, children’s education)?
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