The effects of performance measurement and compensation on motivation: An empirical study

被引:34
作者
Van Herpen, M
Van Praag, M
Cools, K
机构
[1] Univ Groningen, NL-3741 EH Baarn, Netherlands
[2] Boston Consulting Grp Inc, NL-3741 EH Baarn, Netherlands
来源
ECONOMIST-NETHERLANDS | 2005年 / 153卷 / 03期
关键词
compensation; extrinsic motivation; intrinsic motivation; promotions; performance measurement;
D O I
10.1007/s10645-005-1990-z
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes empirically the relationship between pay and performance. Economic and psychological theories predict that the design and implementation of a performance measurement and compensation system affect the motivation of employees. Our survey results demonstrate a positive relationship between the perceived characteristics of the complete compensation system and extrinsic motivation. Intrinsic motivation is not affected by the design of monetary compensation, but by promotion opportunities. The compensation system also significantly affects work satisfaction and turnover intent. Our results have both managerial as well as policy implications.
引用
收藏
页码:303 / 329
页数:27
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