Compensation, Organizational Strategy, and Firm Performance
Author: Luis R. Gomez-Mejia
Publisher: Thomson South-Western
Published: 1992
Total Pages: 444
ISBN-13:
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Compensation and Organizational Performance
Author: Luis R. Gomez-Mejia
Publisher: Routledge
Published: 2014-12-18
Total Pages: 366
ISBN-13: 1317473957
DOWNLOAD EBOOKThis 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
Author: Luis R. Gomez-Mejia
Publisher: Routledge
Published: 2014-12-18
Total Pages: 405
ISBN-13: 1317473965
DOWNLOAD EBOOKThis 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.
Strategic Pay
Author: Edward E. Lawler
Publisher: Jossey-Bass
Published: 1990-08-31
Total Pages: 338
ISBN-13:
DOWNLOAD EBOOKMake Your Pay System Pay Off A comprehensive look at not only the choices surrounding the development of a pay system but also the pros and cons associated with each choice....Thorough. --HR Magazine In this seminal work, acclaimed compensation expert Edward Lawler III shows companies that the way they pay can be an important source of competitive advantage. He reveals how pay strategies that draw a clear connection between pay and performance can support an organization's strategic objectives by communicating unmistakably what that organization values most. Moreover, he examines a wide range of performance-based pay practices--from piecework incentive systems to merit pay and skill-based pay--to demonstrate how compensation systems can be tailored to fit a variety of business strategies and management styles. Both traditional and nontraditional pay strategies are examined, with special emphasis given to designing pay systems that support participatory management and other innovative practices.
Pay for Results
Author: Mercer, LLC
Publisher: John Wiley & Sons
Published: 2009-03-17
Total Pages: 288
ISBN-13: 047047811X
DOWNLOAD EBOOKThe numerous incentive approaches and combinations and their implications can be dizzying even to the compensation professional. Pay for Results provides a road map for developing and implementing executive incentives that drive business needs and strategy. It is filled with specific analytic tools, including tables, exhibits, forms, checklists. In addition, it uncovers myths in performance measurement strategy and design. Timely and thorough, this book expertly shows businesses how to drive their specific needs and strategy. Human resources and compensation officers will discover how to apply performance metrics that align with shareholder investment.
Business Strategy, Executive Compensation, and Firm Performance
Author: Yasheng Chen
Publisher:
Published: 2009
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOKThis study investigates the influence of business strategy on the relationship between executive compensation and firm performance. Using cluster analyzes to classify a firm's business strategy, we predict and find that performance-linked compensation and managerial share ownership are more effective for product differentiators than for cost leaders. The results are consistent with the view that managers of product differentiation firms are more willing to take risks and to make a trade-off between pay security and share ownership to benefit from anticipated future performance. We also find that, contrary to our prediction, current payment of a long-term incentive plan is less relevant for product differentiators than for cost leaders. One plausible explanation for this finding is that long-term incentive payouts reflect past performance that is less persistent for firms seeking innovation and differentiation. This study contributes to the existing literature on executive compensation by recognizing that the effects of executive compensation on performance vary systematically across business strategies.
Compensation
Author: Barry Gerhart
Publisher: SAGE
Published: 2003-05-02
Total Pages: 326
ISBN-13: 9780761921080
DOWNLOAD EBOOK`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.
COMPENSATION MANAGEMENT: Rewarding Performance
Author: S.S. UPADHYAY
Publisher: Global India Publications
Published: 2009-12
Total Pages: 328
ISBN-13: 9789380228389
DOWNLOAD EBOOKThis book outlines a new way of looking at rewards-a holistic approach that uses measurement to determine what an organization actually valuses (in terms of skills, knowledge, experience and behaviors).Further it analyzes the impact of the braod spectrum of reward programs (pay benefits and carrers) on human capital and, in turn, on an organization's profitability.It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compenation in Not-For-Profit Organizations, designing the annual management incentive plan etc.
Organizational Differences in Managerial Compensation and Financial Performance
Author: Barry A. Gerhart
Publisher:
Published: 1990
Total Pages: 122
ISBN-13:
DOWNLOAD EBOOKReception Honoring the Right Reverend Monsignor Edward S. Manikowsi, Pastor of St. Mary's Church of the Maternity, Wilkes-Barre, Pa., on the Occasion of His Elevation to the Rank of Prelate of Honor, Held at Parish Auditorium, Wilkes-Barre, Pa., Sunday, September 15, 1968
Author:
Publisher:
Published: 1968*
Total Pages: 10
ISBN-13:
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