Abstract
As the popularity of group-based pay-for-performance plans persists, compensation researchers are exploring the conditions under which these plans contribute to the financial performance of firms. Based on a sample of 1,933 employees from 415 companies in South Korea, we found that group-based pay-for-performance plans enhance both objective and subjective measures of firm performance. Furthermore, consistent with the contingency perspective of fit, we found that empowerment practices positively moderate the relationship between group-based pay-for-performance plans and firm performance. These findings suggest that empowerment can enhance the effectiveness of such pay plans. We discuss implications for research and practice.
| Original language | English |
|---|---|
| Pages (from-to) | 31-52 |
| Number of pages | 22 |
| Journal | Asia Pacific Journal of Management |
| Volume | 30 |
| Issue number | 1 |
| DOIs | |
| State | Published - Mar 2013 |
Keywords
- Contingency perspective
- Empowerment practice
- Group-based pay-for-performance plan
- South Korea
Fingerprint
Dive into the research topics of 'Group-based pay-for-performance plans and firm performance: The moderating role of empowerment practices'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver