Strategic reward systems: A contingency model of pay system design

• 成果类型: Article
• 署名作者: Boyd, BK; Salamin, A
• 署名单位: University of Lausanne; Arizona State University; Arizona State University-Tempe; Firmenich
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.170
• 发表日期: 2001
• 页码: 777-792
• 关键词: compensation; CONTINGENCY THEORY; MANAGERIAL DISCRETION; International

摘要

A limited number of studies have addressed the idea of 'strategic' reward systems-the matching of compensation systems to a firm's strategy. Prior research on this topic has been confined to U.S. firms, however, and a number of key questions remain unanswered. Using a sample of 917 employees from two large Swiss financial institutions, we found that pay systems are linked with divisional strategic orientation, but in a different form than prior studies. Additionally, we identify hierarchical position as an important variable in the tailoring of reward systems. Hierarchy has a significant main effect on pay plan design, and an interactive effect with strategic orientation. Copyright (C) 2001 John Wiley & Sons, Ltd.