An empirical analysis of a skill-based pay program and plant performance outcomes
Article Abstract:
Despite the documented increase in skill-based pay programs in organizations, little evidence exists on whether these plans achieve the results intended. Using time series data, this study examined productivity and labor cost outcomes over 37 months. Likewise, quality outcomes were examined using time series data from treatment and comparison facilities. The results indicated greater productivity (58%), lower labor cost per part (16%), and favorable quality outcomes (82 percent scrap reduction vis-a-vis comparison facility) with skill-based pay. These results are consistent with the behavioral and operations theories underlying skill-based pay. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 1998
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Employment variability under different managerial compensation systems
Article Abstract:
Variability in employment levels, particularly when resulting from downsizing and layoffs, has considerable consequences for employees and organizations. Applying strategic compensation and agency theory principles to multiple years of employment, financial performance, and managerial compensation data on 152 organizations, we found that compensation design was related to employment variability through two avenues. First, organizations relying more heavily on long-term compensation incentives for managers exhibited less employment variability. Second, when groups of employees were covered by variable pay plans, their employment variability was lower. (Reprinted by permission.)
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 1996
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The impact of human resource management on organizational performance: progress and prospects
Article Abstract:
We describe why human resource management (HRM) decisions are likely to have an important and unique influence on organizational performance. Our hope is that this research forum will help advance research on the link between HRM and organizational performance. We identify key unresolved questions in need of future study and make several suggestions intended to help researcher studying these questions build a more cumulative body of knowledge that will have key implications for both theory and practice. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 1996
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