Variable Pay And Executive Compensation : Human Resource Management

Topics:
Management By Objectives
Tags:
Benefits,
Compensation,
Employee,
HRM,
Human Resource Management (HRM),
Human Resources,
Organizational Structure,
Thomson Corp.
Source:
Thomson

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Overview: Variable pay systems call for dispensing pay and other incentives to the employees based on certain employee centric factors. They include the criterion that employees who perform better should receive more compensation. There are three types of variable pay plans viz. individual, group/team, and organization-wide. The paper examines the dynamics of variable pay plans and discusses executive compensation.

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Format: HTML | Size: 446KB | Date: Jan 2003 | Pages: 24

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