Compensation includes wages or salary, bonuses, pension/retirement contributions, and [[perquisites]] that can be converted to cash or replace living expenses. I-O psychologists may be asked to conduct a [[job evaluation]] for the purpose of determining compensation levels and ranges. I-O psychologists may also serve as expert witnesses in pay discrimination cases when disparities in pay for similar work are alleged. | Compensation includes wages or salary, bonuses, pension/retirement contributions, and [[perquisites]] that can be converted to cash or replace living expenses. I-O psychologists may be asked to conduct a [[job evaluation]] for the purpose of determining compensation levels and ranges. I-O psychologists may also serve as expert witnesses in pay discrimination cases when disparities in pay for similar work are alleged. |