Autor: |
Nelson, Millicent F., Stone, Thomas H., Frye, Crissie M., Chown, David W. |
Předmět: |
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Zdroj: |
Compensation & Benefits Review; Mar/Apr2008, Vol. 40 Issue 2, p35-42, 9p, 5 Charts |
Abstrakt: |
Pay satisfaction should be of concern to employers and human resource professionals because low pay satisfaction may lead to absenteeism, lack of commitment, lowered productivity and increased turnover. A recent job satisfaction survey conducted by the Society of Human Resource Management suggests HR managers do not perceive the importance of pay in impacting employee satisfaction. While employees rated compensation as first or second for job satisfaction, HR professionals rated relationships with the supervisor higher than pay. This article investigates how pay satisfaction is measured using the Pay Satisfaction Questionnaire (PSQ), a frequently used instrument in pay satisfaction surveys. The PSQ assesses benefits, pay levels, raises and administration or structure of the pay system to measure pay satisfaction. In addition, this article analyzes the standards of comparisons used by employees when deciding pay satisfaction and the relationship between union membership and pay satisfaction. Practical recommendations are given for openness and fairness in pay to increase pay satisfaction perceptions among employees. [ABSTRACT FROM AUTHOR] |
Databáze: |
Complementary Index |
Externí odkaz: |
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