Stephanie Thomas

people / faculty

Stephanie Thomas

Lecturer, Department of Economics
Economics

Overview

Stephanie R. Thomas is a Lecturer in the Department of Economics at Cornell University. She teaches courses in microeconomics, labor economics and personnel economics. From August 2013 through June 2016, Dr. Thomas also served as the Program Director of the ILR School’s Institute for Compensation Studies, an interdisciplinary initiative that analyzes, teaches and communicates about monetary and non-monetary rewards from work. Dr. Thomas earned her Ph.D. in Economics from the New School for Social Research.

Teaching Statement

Dr. Thomas teaches courses in microeconomics, labor economics and personnel economics. She strives to present complex theoretical concepts in an intuitive manner, and to demonstrate the relevance of these concepts to real-world issues. In all of her classes, Dr. Thomas incorporates a variety of active learning techniques encompassing a variety of learning styles. In 1998, she was awarded the NYU College of Arts and Sciences Outstanding Teaching Award.

Research Statement

Dr. Thomas's current research interests focus on the relationship between performance pay, worker motivation and productivity. Throughout her career, Dr. Thomas has completed research on a variety of labor economics topics including wage determination, pay gaps and inequality, and the quantitative analysis of employment discrimination.

Service Statement

Dr. Thomas serves as a House Fellow at the Alice Cook House, engaging residents through intellectual and social opportunities to enhance student-faculty-staff interaction. She also serves on the Cornell University Football Academic Support Team (FAST) and works with Coach Archer and his players, providing support and guidance on economics courses. During the Fall 2016 semester, Dr. Thomas was selected to serve as a Dining Discussion Leader in connection with Cornell University’s First Year Experience Program.

Outreach Statement

Dr. Thomas regularly teaches executive education and professional development programs on topics such as compensation, performance pay, decision making and risk management. She has taught a variety of short courses and multi-day training programs in the United States and abroad.

Publications

Journal Articles

  • Stephanie R. Thomas. 2012. A Conversation with OFCCP Director Shiu about "Good Jobs for Everyone", The OFCCP Digest . 2(7):2.
  • Stephanie R. Thomas. 2012. OFCCP Proposes Utilization Goal for Disabled Individuals, The OFCCP Digest . 2(2):2.
  • Stephanie R. Thomas. 2011. How the OFCCP's Thirst for Data Will Impact You, The OFCCP Digest . 1(2):2.
  • Stephanie R. Thomas. 2010. The Changing Landscape of Compensation Equity Enforcement, Corporate Counselor .
  • Stephanie R. Thomas. 2010. The Gender Pay Gap: A Closer Look at the Underlying Causes, Bloomberg Law Report . 11.
  • Stephanie R. Thomas. 2009. Five Standards for an OFCCP-Compliant Compensation Self-Evaluation, Compensation & Benefits Review . (41).
  • Stephanie R. Thomas. 2008. Self-Audits as a Mechanism to Understand the How and Why of Compensation, Journal of Compensation and Benefits . 24(4).
  • Stephanie R. Thomas. 2008. Are Your Employees 'Fairly' Compensated? A 10-Point Inspection, Mealey's Litigation Report: Employment Law . 4(11):6.

Books

  • Stephanie R. Thomas. 2013. Compensating Your Employees Fairly: A Guide to Internal Pay Equity. New York, NY, United States: Apress / Springer Science&Business, 2013. Robert Hutchinson and Rita Fernando. (308)

Book Chapters

  • Stephanie R. Thomas. 1997. Appendix: The Postwar Empirics of the United States and the United Kingdom. in Transformational Growth and the Business Cycle. London, England: Routledge, 1997. Edward J Nell. (20)
  • Stephanie R. Thomas. 1997. United Kingdom Business Cycles: Stylized Facts and the Marginal Cost / Marginal Productivity Debate. in Transformational growth and the Business Cycle. London, England: Routledge, 1997. Edward J Nell. (30)

Professional Activities

  • How To Manage Risk, Uncertainty and Opportunity. Presented to eCornell. Ithaca, NY. 2017.
  • The Gender Wage Gap: Causes, Consequences and the Way Forward. Presented to eCornell. Ithaca, NY. 2016.
  • Coffee Chat About The National Debt. Presented to Cornell University. Ithaca, NY. 2016.
  • Pay Transparency: Understanding the Pros and Cons of Creating a Transparent Culture. Presented to Business and Legal Research. Ithaca, NY. 2016.
  • Causes and Consequences of the Gender Pay Gap. Presented to Alice Cook House. Ithaca, NY. 2015.
  • Using Total Rewards to Improve Employee Retention. Presented to Northeast Dairy Foods Association. Canandaigua, NY. 2015.
  • An Introduction to Risk Management. Presented to Pearson & ILR School. Ithaca, NY. 2015.
  • Aligning Pay with Performance: An Economic Perspective. Presented to The Conference Board. San Francisco, CA. 2014.
  • The Optics of Executive Compensation. Presented to Institute for Human Resources. online. 2014.
  • The Optics of Executive Compensation. Presented to ILR. New York, NY. 2014.
  • Pay Equity: What President Obama's New Executive Order Means for You and Your Employees. Presented to Kenexa. online. 2014.
  • Pay Equity: Understanding the Relationship Between Pay Transparency, Compensation Communications and Perceptions. Presented to BLR. online. 2014.
  • Five Years After Ledbetter: ILR Perspectives. Presented to ILR Institute for Compensation Studies. Ithaca, NY. 2014.
  • Equal Pay for Equal - or Comparable - Work: Effective Pay Practices that Don't Breed Equal Pay Act or Job Segregation Claims. Presented to BLR. online. 2013.
  • Means, Medians and Multiple Regression: Examining Compensation for Internal Equity. Presented to National Industry Liaison Group. Indianapolis, IN. 2013.
  • Using Quantitative Tools to Examine Compensation for Equity and Fairness. Presented to SHRM. Chicago, IL. 2013.
  • Managing the Risk of Litigation with Compensation Reviews. Presented to Avant Resources. online. 2012.
  • If I Shred It Will I Dread It? A Primer on EEO Document Retention. Presented to Avant Resources. online. 2012.
  • Statistics and Adverse Impact. Presented to University of Maryland. College Park, MD. 2012.
  • Examining Compensation for Internal Equity. Presented to North Florida Compensation and Benefits Association. Jacksonville, FL. 2012.
  • Examining Compensation for Internal Equity. Presented to Texas Total Rewards. Richardson, TX. 2012.
  • The Compensation Review: Evaluate Internal Pay Equity and Manage Compensation Discrimination Litigation. Presented to Florida SHRM. Orlando, FL. 2012.
  • Compensation Reviews. Presented to Illinois SHRM. Oakbrook Terrace, IL. 2012.
  • Compensation in 2012: Examining Your Pay Systems for Discrimination. Presented to WorldatWork. online. 2012.
  • Preventive Pay Equity Audits: Fairness & EEOC Compliance. Presented to Center for Competitive Management. online. 2012.
  • If I Shred It Will I Dread It? A Primer on EEO Document Retention. Presented to Avant Resources. online. 2012.
  • Compensation Data, Analysis and AAPs: What You Need to Know. Presented to Institute for Human Resources. online. 2012.
  • HR Metrics: What You're Tracking and Why Nobody Cares. Presented to Avant Rersources. online. 2012.
  • Compensation in 2012: Examining Your Pay Systems for Discrimination. Presented to Kenexa. online. 2012.
  • The Changing Landscape of Pay Equity Enforcement. Presented to Human Resource Association of the National Capital Area. Washington, DC. 2012.
  • Managing the Risk of Employment Litigation with a Compensation Self-Audit. Presented to ComplianceOnline. online. 2012.
  • The HR Practitioner's Guide to Adverse Impact. Presented to ComplianceOnline. online. 2012.
  • If I Shred It Will I Dread It? A Primer on EEO Document Retention. Presented to Avant Resources. online. 2012.
  • Avoiding (Un)intentional Discrimination When Recruiting Via Social Media. Presented to Institute for Human Resources. online. 2012.
  • The Compensation Review: How to Use the Most Important Tool in the Risk Management Arsenal. Presented to Institute for Human Resources. online. 2011.
  • What's Causing the Gender Pay Gap?. Presented to Institute for Human Resources. online. 2011.
  • Be a Compliance Rock Star: Working Proactively with the EEOC and Department of Labor. Presented to Ohio State SHRM. Sandusky, OH. 2011.
  • Recent Developments in Compensation Analysis. Presented to Institute for Human Resources. online. 2011.
  • Examining Class Certification Issues in Employment Discrimination Litigation with Statistics. Presented to Insurance Society of Philadelphia. Philadelphia, PA. 2011.
  • Evaluation of Economic Damages in Whongful Termination Litigation. Presented to Practising Law Institute. 2008.
  • Financial Innovation and the Reconstruction of Monetary Aggregates in teh Postwar United States. Presented to Eastern Economics Association. New York, NY. 1998.
  • United Kingdom Business Cycles: Stylized Facts and the Marginal Cost / Marginal Productivity Debate. Presented to Post Keynsian Economics Group. New Orleans. 1997.

Honors and Awards

  • Dining Discussion Leader, Cornell University First Year Program, North Campus. 2016
  • Schwartz Center for Economic Policy Analysis Dissertation Fellowship, New School for Social Research. 1999
  • Edith and Henry Johnson Award for Outstanding Dissertation, New School for Social Research. 1999
  • New York University Economics Students Association Student Appreciation Award, New York University. 1999
  • College of Arts and Sciences Excellence in Undergraduate Teaching Award, New York University. 1998
  • Student Achievement Award, Wall Street Journal. 1993