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Wage determination for correctional officers

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In 2003 the state of Arizona determined that there was a shortage in correctional officers. I need to determine how correctional officers' wages are calculated.

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This web site:
http://www.azleg.gov/FormatDocument.asp?inDoc=/iminute/House/03+02+HOUSE+SEL+COM+ON+GOVT+OPS+PERF+AND+WASTE.DOC.htm
is the minutes of a meeting between a prison contractors and the state of Arizona, and provides details on how salaries are calculated.

Generally the pay rate for any profession is determined by supply and demand. For example if not enough correctional officers are available for $12 an hour, the pay rate will increase. For this reason, you will likely not find a formula for how this wage is calculated. Any such formula would likely yield a wage too high or too low. The market is too complicated to be calculated. For state employees, however, some calculations need to be made because their salaries are part of the government's ...

Solution Summary

Effects of wages on the shortage of correctional officers

$2.19