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Human Resources Management Commons

Open Access. Powered by Scholars. Published by Universities.®

2012

Pay and Compensation

Articles 1 - 5 of 5

Full-Text Articles in Human Resources Management

Are You Spending Your Company's Compensation Dollars Wisely?, Dow Scott Nov 2012

Are You Spending Your Company's Compensation Dollars Wisely?, Dow Scott

Dow Scott

Compensation costs are the largest single expense most organizations have—ranging from 15 to 20 percent in manufacturing to more than 80 percent in the human services industry. Recognizing the strategic impact of compensation, senior executives want to know if these dollars are being spent effectively. However, few organizations systematically evaluate their pay programs or only do so in the most rudimentary fashion.


Blending General Increases With A Pay-For-Performance Policy, Dow Scott Aug 2012

Blending General Increases With A Pay-For-Performance Policy, Dow Scott

Dow Scott

T he system of awarding annual across-the-board merit raises— central to how most employees are paid—no longer makes sense.


Pay Perceptions And Their Relationships With Cooperation, Commitment And Intent To Quit: A Field Study, J Shields, Dow Scott, J Bishop, P Goelzer Dec 2011

Pay Perceptions And Their Relationships With Cooperation, Commitment And Intent To Quit: A Field Study, J Shields, Dow Scott, J Bishop, P Goelzer

Dow Scott

This study examines how perceived in-role (or horizontal) pay differences and understanding of the pay system influence three key performance-related attitudes, namely, organizational commitment, willingness to cooperate, and intent to quit, both directly and indirectly via perceived pay fairness. Toward this end, we apply structural equation modeling to self-report survey-based evidence collected from full-time employees in a major United States supermarket licensing group (n = 159). As expected, perception of wide pay differences was negatively related to pay fairness, while pay understanding was positively related to it. Pay fairness played a pivotal mediating role in strengthening organizational commitment and reducing …


Rentention Of Key Talent And The Role Of Rewards, Dow Scott Dec 2011

Rentention Of Key Talent And The Role Of Rewards, Dow Scott

Dow Scott

Retention of key talent – those employees who are the strongest performers, have high potential, or are in critical jobs – is particularly important during economic recoveries when organizations compete more aggressively for market share and talent. Key talent disproportionally contributes to current and future organization performance since key employees often become organization leaders or employees with unique skills. In today’s world it is more challenging to hide your top talent because of social media applications like Linked In openly promote their capabilities and accomplishments. Furthermore, top talent can compare the “deal” or pay package they currently receive with that …


Retention Of Key Talent And The Role Of Rewards, Dow Scott, T. Mcmullen, M. Royal Dec 2011

Retention Of Key Talent And The Role Of Rewards, Dow Scott, T. Mcmullen, M. Royal

Dow Scott

No abstract provided.