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Recent Compensation Research (Job and Group Determinants (Job displacement…
Recent Compensation Research
Environmental Determinants
mostly only focus on legal environment or industry factors
Firm Determinants of Compensation
Research needed on effects of org culture, and firm growth factors that affect pay plans
Job and Group Determinants
Job displacement has shown to negatively affect subsequent wage levels and wage instability.
group factors were shown to affect use of group incentives (size, lack of quality measures, mang. participation)
how should pay differ between groups of employees?
Gender and Race
research ignores pay mix and benefits
Individual Determinants
Pay is better for those with:
good social skills
task performance
contextual performance
helpful behaviors
lateral moves
proactive personality
Worse for those:
frequent absence
cigarette smoking
career gaps
Individual Outcomes
Incentive pay has strong relation to positive and stable work environments
Compensation Psychology
individual incentives are positively related to work motivation, but strength of the relationship is overestimated and may reduce intrinsic motivation in certain specific situations
Organizational Justice
relationships between procedural justice and perceptions of distributive justice
Firm Outcomes
Benefits
Greater benefit satisfaction leads to less withdrawal behavior, less turnover and greater organizational commitment
International
Executive