Compensation and Organizational Performance

Compensation and Organizational Performance
Author: Luis R. Gomez-Mejia
Publisher: Routledge
Total Pages: 366
Release: 2014-12-18
Genre: Business & Economics
ISBN: 1317473957

This up-to-date, research-oriented textbook focuses on the relationship between compensation systems and firm overall performance. In contrast to more traditional compensation texts, it provides a strategic perspective to compensation administration rather than a functional viewpoint. The text emphasizes the role of managerial pay, its importance, determinants, and impact on organizations. It analyzes recent topics in executive compensation, such as pay in high technology firms, managerial risk taking, rewards in family companies, and the link between compensation and social responsibility and ethical issues, among others. The authors provide a thorough and comprehensive review of the vast literatures relevant to compensation and revisit debates grounded in different theoretical perspectives. They provide insights from disciplines as diverse as management, economics, sociology, and psychology, and amplify previous discussions with the latest empirical findings on compensation, its dynamics, and its contribution to firm overall performance.

Compensation and Organizational Performance

Compensation and Organizational Performance
Author: Luis R. Gomez-Mejia
Publisher: Routledge
Total Pages: 405
Release: 2014-12-18
Genre: Business & Economics
ISBN: 1317473965

This up-to-date, research-oriented textbook focuses on the relationship between compensation systems and firm overall performance. In contrast to more traditional compensation texts, it provides a strategic perspective to compensation administration rather than a functional viewpoint. The text emphasizes the role of managerial pay, its importance, determinants, and impact on organizations. It analyzes recent topics in executive compensation, such as pay in high technology firms, managerial risk taking, rewards in family companies, and the link between compensation and social responsibility and ethical issues, among others. The authors provide a thorough and comprehensive review of the vast literatures relevant to compensation and revisit debates grounded in different theoretical perspectives. They provide insights from disciplines as diverse as management, economics, sociology, and psychology, and amplify previous discussions with the latest empirical findings on compensation, its dynamics, and its contribution to firm overall performance.

The Effect of Reward Management System on Employee Performance. The Case of IE Network Solutions Plc

The Effect of Reward Management System on Employee Performance. The Case of IE Network Solutions Plc
Author: Esubalew Ginbar
Publisher: GRIN Verlag
Total Pages: 78
Release: 2021-02-25
Genre: Business & Economics
ISBN: 334635301X

Master's Thesis from the year 2020 in the subject Leadership and Human Resource Management - Employee Motivation, grade: 3.87, Addis Ababa University (College of Business and Economics), course: Business Administration, language: English, abstract: The aim of this study was to examine the effect of reward management system on employee performance in the case of IE Network Solution PLC. in Addis Ababa. In a current highly competitive business environment, having well performing and inspired employees are the main success factor for any organization. In realizing that, in one hand researchers argue well-designed reward strategy plays the major role through enhancing the performance of employees. On the other hand, other scholars claim that rewards have nothing to do with employees’ performance. This study was conducted through a mixed research approach with in both a descriptive and explanatory research design. A total of 80 self-administered questionnaires were distributed to the all staff members of the company. 77 questionnaires were returned. It was valid to run the data analysis. Therefore, the descriptive, correlation and multiple regression analysis were computed through SPSS version 23. The correlation analysis result shows that promotion and employee recognition positively and moderately associated with performance of employees. However, work condition salary have a positive but weak relation with employee performance. The multiple regression analysis revealed promotion (β=0.313), employee recognition (β=0.319), work condition (β=0.256), and salary (β=0.189) has a significant effect on employee performance. However, benefit packages have no significant effect on performance of employees. Additionally, the regression analysis shows, (R^2=0.579, p

The Influence of Rewards and Satisfactions on Employees' Performance in Organization

The Influence of Rewards and Satisfactions on Employees' Performance in Organization
Author: Abdifatah Musse
Publisher: GRIN Verlag
Total Pages: 75
Release: 2012-12-27
Genre: Business & Economics
ISBN: 3656340978

Bachelor Thesis from the year 2012 in the subject Leadership and Human Resource Management - Miscellaneous, grade: A, Kolej Universiti Insaniah (Insaniah University College ), course: Business Administration , language: English, abstract: While performing their duties in an organization, employees’ performance can be viewed through the provision of rewards, benefits, pay levels, and pay for their administration. This study was based on a conceptual method which is focusing on relation to the satisfaction of reward and employee’s performance; it has 4 items, which are pay level, Salary administration, raise, and benefits satisfaction. Furthermore, benefit satisfaction has roughly three main items, namely training, health, and rights. It is because; this research’s title is aimed to determine the Relationship between reward satisfaction and work performance. Moreover, the objective of this study is that to examine the influence between pay level and work performance, and to examine the influence between benefits and work performance, also to examine the relationship between raise satisfaction and work performance and to examine the influence between salary administrative and work performance. This study was conducted in a conceptual method. As we have intended to study the influence of rewards and satisfaction on employee’s performance in an organization, information that we have used were gathered from distinct areas such as textbooks, scholarly writing, research materials, journals, related articles, and the Internet sources were resourceful in the process of gathering the information, however, our point of view on those sources was also interpreted in a concept that we have aware to be relevant and potentially directed to this topic. As a result, this study shows that the whole variables were significantly contributed with the dependent variable, meanwhile, pay level satisfaction has substantively related to work performance, whereas raise satisfaction has also influenced work performance. Salary administration satisfaction is also a positive relation to employees’ work performance. However, the most significant variable was benefit satisfaction which is extremely contributed to work performance.

Compensation

Compensation
Author: Barry Gerhart
Publisher: SAGE
Total Pages: 320
Release: 2003-05-07
Genre: Business & Economics
ISBN: 0761921079

`Gerhart and Rynes provide a thorough, comprehensive review of the vast literatures relevant to compensation. Their insights regarding the integration of economic, psychological and management perspectives are particularly enlightening. This text provides an invaluable tool for those interested in advancing our understanding of compensation practices' - Alison Barber, Eli Broad College of Business, Michigan State UniversityCompensation provides a comprehensive, research-based review of both the determinants and effects of compensation. Combining theory and research from a variety of disciplines, authors Barry Gerhart and Sara Rynes examine the three major compensation decisions - pay level, pay structure and pay delivery systems.Revealing the impact of different compensation policies, this interdisciplinary volume examines: the relationship between performance-based pay and intrinsic motivation; implications of individual pay differentials for team or unit performance; the consequences of pay for performance policies; effect sizes and practical significance of compensation findings; and directions for future research.Compensation considers why organizations pay people the way they do and how various pay strategies influence the success of organizations. Critically evaluating areas where research is inconsistent with common beliefs, Gerhart and Rynes explore the motivational effects of compensation.Primarily intended for graduate students in human resource management, psychology, and organizational behaviour courses, this book is also an invaluable reference for compensation management consultants and organizational development specialists.

New Evidence in an Old Debate

New Evidence in an Old Debate
Author: Dr Irfan Saleem
Publisher:
Total Pages: 11
Release: 2013
Genre:
ISBN:

Purpose of this research study is to identify compensation factors and their integration with on overall Organizational Effectiveness at Telecom companies of Pakistan because of emergent issue.Telecom organizations are looking ways to improve business performance by focusing on innovative ways to acquire cheap labour. In Pakistani economy, still gap exists. Thus scholars need to address the research issue of aligning employee's goal with the organizational goal in order to maximize organizational effectiveness of the organization. Telecom sector of Pakistan has been chosen to test the model because of sustainable growth since last decade. Sample is collected from the five cellular companies of Pakistan. Results depict significant integrationamongcompensation factorsand organizational effectiveness. Research implies that compensation factors can be designed in a way that integrates HR related organizational policies, rules and procedures. Study also shows that paying attention on the employee's compensation factors is necessary to retain competent employees for enhanced organizational effectiveness. Lastly, Future research studies can extend this research by incorporating organizational culture and employee commitment as mediating variables. The research implies that HR practitioners need to incorporate innovative compensation factors for enhanced organizational interests which intern can boosting overall organizational effectiveness.