The impact of risk and reward dynamics in incentive compensation plans in the Nigerian construction industry

Ogwueleka, Amaka Chinweude; Udoudoh, Francis P.

doi:10.1080/15623599.2017.1315545

Cited by 8 publications

(7 citation statements)

References 18 publications

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“…Compared with the seven CRS villages, I Village did not identify the significance of disordered community management and difficulty of satisfying the needs of entertainment as there is no such an urgent need for scattered farmers. public cost to maintain a good environment for attracting tourism, which reflects the usefulness of combining risk with rewards [40]. This case provides implications for reducing such economic risk in existing CRS.…”

Section: Social Riskmentioning

confidence: 92%

“…The farmers have comparatively stable income from tourism and therefore have less worries of income growth and employment. In addition, the village committee has certain collective assets to cover extra cost while the farmers are conscious of paying for the public cost to maintain a good environment for attracting tourism, which reflects the usefulness of combining risk with rewards [40]. This case provides implications for reducing such economic risk in existing CRS.…”

Section: Economic Riskmentioning

confidence: 99%

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Risks of Developing Concentrated Rural Settlement after the Wenchuan Earthquake in China

Peng¹,

Li²,

Huang³

et al. 2018

Sustainability

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Concentrated rural settlement (CRS) reconstruction was promoted as a sustainable rural reconstruction way after the Wenchuan earthquake in China. Despite the various benefits of CRS, haphazard CRS reconstruction presents risks to future sustainable development. However, such risks have been rarely investigated. Thus, this study examines the risk factors with eight CRS reconstruction cases after the Wenchuan earthquake. The existence and interactions of economic, social, environmental, and disaster relief risks are observed after reconstruction. A conceptual model is proposed for systematically interpreting the risks. Results obtained can help the local government judiciously consider the risk factors in order to achieve sustainable development when initiating rapid reconstruction.

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Section: Social Riskmentioning

confidence: 92%

Section: Economic Riskmentioning

confidence: 99%

Risks of Developing Concentrated Rural Settlement after the Wenchuan Earthquake in China

Peng¹,

Li²,

Huang³

et al. 2018

Sustainability

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“…A cross-analysis was also not used here. The key reason behind adopting such a procedure was the aim to determine the current awareness of risk management among the people working for construction companies which operate mainly in 1 See: Flanagan, Norman, 1993;Boothroyd, Emmett, 1996;Kosecki, Madyda, 1996;Palmer, Maloney, Heffron, 1996;Hatem, 1998;Bizon-Górecka, 1999;Tah, Carr, 2000;Kowalczyk, 2001;Hickman, 2002;Bunni, 2003;Sawczuk, 2004;Weatherhead, Owen, Hall, 2005;Holland, 2006;Smith, Merna, Jobling, 2006;Skorupka, 2007;Glavinich, 2008;Marcinkowski, Koper, 2008;Burtonshaw-Gunn, 2009;Cristóbal, 2009;Zavadskas, Turskis, Tamošaitien, 2010;Turskis, Gajzler, Dziadosz, 2012;Bizon-Górecka, Górecki, 2013;Tworek, 2013;Dziadosz, Rejment, 2015;Zhao, Hwang, Low, 2015;Dziadosz, Kapliński, Tomczyk, Rejment, 2016;Sekunda, Marcinkowski, 2016;Babar, Thaheem, Ayub, 2017;Hyari, Shatarat, Khalafallah, 2017;Kaczorek, 2017;Kasprowicz, 2017;Liu, Low, Zhang, 2017;Shoe, Leite, 2017;Sullivan, Asmar, Chalhoub, Obeid, 2017;Meouche, Abunemeh, Hijaze, Mebaraki, 2018;Mirković, 2018;Nguyen, Garvin, Gonzalez, 2018;Ogwueleka, Udoudoh, 2018; Tempo-Silungwe, Khatleli, 2018;…”

Section: Methodsmentioning

confidence: 99%

Risk management analysis in construction enterprises in selected regions in Poland

Myrczek

Juraszek

Tworek

2020

Technical Transactions

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This paper aims to outline the selected issues of risk management in construction enterprises operating in the Silesian and Małopolskie voivodships (Poland). In this context, it seems vitally important to have risk accurately identified, quantified and, consequently, responded to in the right way. Although the paper is mainly empirical in its character, it is based on a theoretical background, particularly when it comes to risk management in the construction industry, which is referred to in the literature on the subject as CRM (Construction Risk Management). The paper contains a review of the literature in this field and uses the method of synthesis. It emphasises the applicability and methodology of the issues discussed here, i.e. those which were verified in the empirical research conducted among construction contractors as participants of investment and construction processes.

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“…The compensation to the employees in the form of a bonus, overtime wages, an extension to salary, and commission on sales financially supports the employees and motivates them to put extra effort in favor of business enterprise, which enhances the rate of organizational performance. Free medical treatment to employees or reimbursement of hospital charges and the grant of salary for the days of leave during the period of illness or some tragedy provides financial security to the employees and makes them pay attention to the achievement of business goals (Ogwueleka & Udoudoh, 2018). H3: Reward and compensation to the employees have a positive association with SME's performance.…”

Section: Literature Reviewmentioning

confidence: 99%

The Influence of Human Resource Management Practices on the SMEs Performance: Mediating Role of Employee Engagement

Ahmad

Hashmi

Ali³

et al. 2021

REAL

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Recently, human resource practices have been considered as the foremost solution for high organizational performance and attained the focus of recent studies and regulators. Therefore, the present study investigates the impact of human resource practices such as recruitment and selection, training and development, reward and compensation, and performance management on SMEs performance in Pakistan. The present research also examines the mediating role of employee engagement among the nexus of recruitment and selection, training and development, reward and compensation, performance management, and SMEs performance in Pakistan. This research has adopted the questionnaires to collect the data and executed the smart-PLS to analyze the data. The results revealed that recruitment and selection, training and development, reward and compensation, and performance management have a positive association with SMEs’ performance. The findings also exposed that employee engagement positively mediating the links among recruitment and selection, training and development, reward and compensation, performance management, and SMEs performance in Pakistan. This study has provided the guidelines to the policymakers that they should extend their focus towards human resource practices that improve organizational performance.

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The impact of risk and reward dynamics in incentive compensation plans in the Nigerian construction industry

Cited by 8 publications

References 18 publications

Risks of Developing Concentrated Rural Settlement after the Wenchuan Earthquake in China

Risks of Developing Concentrated Rural Settlement after the Wenchuan Earthquake in China

Risk management analysis in construction enterprises in selected regions in Poland

The Influence of Human Resource Management Practices on the SMEs Performance: Mediating Role of Employee Engagement

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