2003
DOI: 10.2307/30040666
|View full text |Cite
|
Sign up to set email alerts
|

Compensation Policy and Organizational Performance: The Efficiency, Operational, and Financial Implications of Pay Levels and Pay Structure.

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
2

Citation Types

2
117
1
6

Year Published

2012
2012
2019
2019

Publication Types

Select...
4
3

Relationship

0
7

Authors

Journals

citations
Cited by 170 publications
(126 citation statements)
references
References 24 publications
2
117
1
6
Order By: Relevance
“…The dynamics of the relationship between wage policy and employment contracts at the firm level", founded by the Portuguese Fundação para a Ciência e a Tecnologia 2 . Most of the existing analyses of wage policy models are based on econometric estimates where firm-level indicators of wage level, wage structure and wage dynamics play the role of either dependent variables (see, e.g., Eriksson and Werwatz, 2005) or independent variables (see, e.g., Cardoso, 2000;Brown et al, 2003). In contrast, the research programme mentioned above resorted to cluster analysis to classify the wage policies adopted by sampled firms according to their degree of alignment with the ideal types identified in the literature.…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…The dynamics of the relationship between wage policy and employment contracts at the firm level", founded by the Portuguese Fundação para a Ciência e a Tecnologia 2 . Most of the existing analyses of wage policy models are based on econometric estimates where firm-level indicators of wage level, wage structure and wage dynamics play the role of either dependent variables (see, e.g., Eriksson and Werwatz, 2005) or independent variables (see, e.g., Cardoso, 2000;Brown et al, 2003). In contrast, the research programme mentioned above resorted to cluster analysis to classify the wage policies adopted by sampled firms according to their degree of alignment with the ideal types identified in the literature.…”
Section: Introductionmentioning
confidence: 99%
“…A fair distribution of pays across jobs requiring differentiated efforts affects the satisfaction of employees for the treatment received relative to their peers (Atkinson, 2007) and improves industrial relations and internal climate. In addition, a properly designed wage policy balances the contrasting needs of raising wages to increase employees' effort and commitment and limiting labour costs in favour of firm profitability (Brown et al, 2003).…”
Section: Introductionmentioning
confidence: 99%
“…Además, los salarios altos atraen a gran cantidad de nuevos candidatos lo que permite a la empresa poder seleccionar entre un número mayor de solicitantes (Williams y Dreher, 1992) y retener a los empleados muy cualificados (Akerlof y Yellen, 1986;Campbell, 1993). Sin embargo, los salarios demasiado altos pueden provocar un efecto invertido al incrementar considerablemente los costes financieros de la empresa (Brown, Sturman y Simmering, 2003).…”
Section: Política De Remuneraciónunclassified
“…La estructura remunerativa se puede clasificar como igualitaria, si la distribución salarial es relativamente homogénea o bien jerárquica, si está más dispersa (Brown, Sturman y Simmering, 2003). Un sistema remunerativo excesivamente jerárquico puede tener consecuencias negativas en el rendimiento del empleado y de la organización, ya que los empleados tienden a ser menos cooperativos y favorables al trabajo en equipo (Adams, 1965;Pfeffer y Langton, 1993;Main, O'Reilly y Wade, 1993;Bloom, 1999) o bien percibir injusticia entre ellos (Bloom, 1999).…”
Section: Política De Remuneraciónunclassified
See 1 more Smart Citation