Human Resources Management Commons^™

A Mixed Integer Linear Programming Approach For Developing Salary Administration Systems, Taner Cokyasar

Masters Theses

Determining salary increases of executive personnel is a challenging decision process for many companies. Salary administration policies that aid in the determination of salary increases and other compensation benefits have a wide variety of advantages for both a company and its employees. This thesis develops a mathematical programming approach to create a salary administration system that recognizes the importance of performance and potential of employees for future promotions as major components of a salary increase policy for executive personnel. A number of companies all over the world use salary administration systems that integrate work performance and potential for advancement to …