Document Type


Publication Date

Fall 1999


A model of branch-management compensation based on human capital and performance measures is tested using data on managers from eighty-two branches of a large, Eastern United States bank. Human capital factors such as managerial rank, gender, years of schooling, experience in the industry, and age are found to explain branch manager pay levels, after controlling for competition, and branch size.

Citation/Publisher Attribution

First appeared in The Journal of Applied Business Research Volume 15, Number 4

Posted with permission of The Clute Institute

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