2017
DOI: 10.1080/09585192.2016.1277364
|View full text |Cite
|
Sign up to set email alerts
|

Management compensation systems in Central and Eastern Europe: a comparative analysis

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
1
1

Citation Types

2
30
0
1

Year Published

2017
2017
2024
2024

Publication Types

Select...
7
2
1

Relationship

1
9

Authors

Journals

citations
Cited by 34 publications
(33 citation statements)
references
References 63 publications
2
30
0
1
Order By: Relevance
“…This transformation process has shifted its paradigm of maintaining personnel functions to a new paradigm in forming strategic partnerships with their stakeholders and line administrators in organisations (Brewster, Mayrhofer & Smale 2016;Noe, Hollenbeck, Gerhart & Wright 2017;Watson, Wilson, Smart & Macdonald 2017). With the new shift, human resource administrators acknowledge that creativity and willingness to work hand in hand with their stakeholders and line administrators in order to enhance the effectiveness of managing human resource functions is a prerequisite, especially the compensation system (Berber, Morley, Slavić, & Poór 2017;Budhwar, Varma & Patel 2016;Noe et al 2017). The traditional compensation systems based on institutional regulations, minimum salary requirement, employee service agreements, trade unions and judicial decisions of the courts of labour are further influenced by the considerations of the job evaluation, rank of the employee, current living standards, the dearth or excess of the employees, the bargaining power of both parties and the inherent capability and skill sets offered by the employees therein.…”
Section: Introductionmentioning
confidence: 99%
“…This transformation process has shifted its paradigm of maintaining personnel functions to a new paradigm in forming strategic partnerships with their stakeholders and line administrators in organisations (Brewster, Mayrhofer & Smale 2016;Noe, Hollenbeck, Gerhart & Wright 2017;Watson, Wilson, Smart & Macdonald 2017). With the new shift, human resource administrators acknowledge that creativity and willingness to work hand in hand with their stakeholders and line administrators in order to enhance the effectiveness of managing human resource functions is a prerequisite, especially the compensation system (Berber, Morley, Slavić, & Poór 2017;Budhwar, Varma & Patel 2016;Noe et al 2017). The traditional compensation systems based on institutional regulations, minimum salary requirement, employee service agreements, trade unions and judicial decisions of the courts of labour are further influenced by the considerations of the job evaluation, rank of the employee, current living standards, the dearth or excess of the employees, the bargaining power of both parties and the inherent capability and skill sets offered by the employees therein.…”
Section: Introductionmentioning
confidence: 99%
“…Compensation is the reward that workers receive for their service or contribution to the organisation [11]. Meanwhile, the other author stated that compensation is a systematic approach to provide monetary value and other benefits to employees in exchange for their work and service [12].…”
Section: Literature Review 21 Definition Of Compensationmentioning
confidence: 99%
“…Additionally, HR managers are occasionally involved in developing SHRM plans and policies together with senior line and top management officials for the execution of policies and procedures [19]. In some countries, HR managers do not make decisions on HR practices alone, while in other cases HR managers have even been excluded from participating in HRM practices [20]. For HRM to be involved in organizational goal-setting, it is better to shift from HRM to SHRM and consider how this change could contribute to the roles and functions of HRM in setting goals and being involved in organizational decision-making processes.…”
Section: Strategic Human Resource Management (Shrm)mentioning
confidence: 99%