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.
机构:
City Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R ChinaCity Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R China
Adithipyangkul, Pattarin
;
Alon, Ilan
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Rollins Coll, Winter Pk, FL 32789 USACity Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R China
Alon, Ilan
;
Zhang, Tianyu
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机构:
City Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R ChinaCity Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R China
机构:
City Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R ChinaCity Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R China
Adithipyangkul, Pattarin
;
Alon, Ilan
论文数: 0引用数: 0
h-index: 0
机构:
Rollins Coll, Winter Pk, FL 32789 USACity Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R China
Alon, Ilan
;
Zhang, Tianyu
论文数: 0引用数: 0
h-index: 0
机构:
City Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R ChinaCity Univ Hong Kong, Dept Accountancy, Kowloon, Hong Kong, Peoples R China