Compensation strategy: Does business strategy influence compensation in high-technology firms?

• 成果类型: Article
• 署名作者: Yanadori, Yoshio; Marler, Janet H.
• 署名单位: University of British Columbia; State University of New York (SUNY) System; University at Albany, SUNY
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.521
• 发表日期: 2006
• 页码: 559-570
• 关键词: compensation strategy; High-technology firms; strategic employee group

摘要

Drawing on the strategic employee group concept, this study empirically examines whether a firm's innovation strategy influences compensation systems for strategic employee groups in the high-technology industry. We focus on compensation packages for R&D employees who play a critical role in successful implementations of innovation strategy. Using compensation data for middle-level managers and professional employees from 237 firms in the high-technology industry, we found that a firm's strategic intention to pursue innovation has a significant influence on the relative pay level, compensation time horizon, and stock option vesting period lengths of this strategic employee group. Copyright (c) 2006 John Wiley & Sons, Ltd.