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Sepúlveda, JM, Soto, JEC, Escobar, AB, Lirios, CZ and Muñoz, EM (2023)

Empirical Test of Benford ́S Law for Photovoltaic Production and Wages in Central Mexico

International Journal of Entrepreneurship 27(S4), pp. 1-10.

ISSN/ISBN: Not available at this time. DOI: Not available at this time.



Abstract: Organizational environment can hold an exceptional commitment from its employees thorough different motivators like good organizational climate, vacations, additional benefits (i.e. food stamps, saving bonus), salary raise, among others. Salary raise inside organizations is one of the main motivators for employees. When there exists a salary raise, compromise and motivation of personnel, also increases. A present paper integrates an analysis to propose and request a salary raise in a Mexican photovoltaic sector industry in 2020. The statistical population of this research included all male and female employees working in the photovoltaic company of Mexico, who were selected randomly as a sample population to generalize to the statistical population. They were recognized the characteristics of employees at the beginning and in the end of one year of observation, which gives a base to a salary raise’s proposal, from production management perspective. Results demonstrated that the variable of increasing salaries and promotions based on rank has a significant effect on increasing the efficiency of employees. Acting fairly and equitably in a transparent financial system is an important part of a salary increase proposal. Giving more salary to higher paid employees or making biased decisions can cause friction, conflict and dissatisfaction among employees.


Bibtex:
@article{, author = {Juan Mansilla Sepúlveda and Julio Enrique Crespo Soto and Alfredo Barrera Escobar and Cruz Garcia Lirios and Enrique Martinez Muñoz}, title = {Empirical Test of Benford ́S Law for Photovoltaic Production and Wages in Central Mexico}, journal = {International Journal of Entrepreneurship}, volume = {27}, nunber = {S4}, pages = {1--10}, year = {2023}, url = {https://www.abacademies.org/articles/empirical-test-of-benfords-law-for-photovoltaic-production-and-wages-in-central-mexico.pdf}, }


Reference Type: Journal Article

Subject Area(s): Economics, Social Sciences