Study Finds that Knowledge of Pay Process Can Beat Out Amount of Pay in Employee Retention, Organizational Effectiveness

Autor: Paul W. Mulvey, Robert L. Heneman, Peter V. LeBlanc, Michael McInerney
Rok vydání: 2002
Předmět:
Zdroj: Journal of Organizational Excellence. 21:29-42
ISSN: 1531-6653
1531-1864
Popis: This article is based on some of the findings of a major research study just published by WorldatWork (formerly American Compensation Association) entitled The Knowledge of Pay Study: E-mails from the Frontline. Surveying more than 6,000 managers and employees in 26 major U.S. and Canadian organizations, the study found close connections between employees' knowledge of their organization's pay structure and their ability to align their own behaviors and goals to those of the organization—leading them to feel a greater sense of company loyalty and to contribute to the effectiveness of the organization. But it also found that such knowledge is far from universal, and identifies the gaps that need to be filled. © 2002 Wiley Periodicals, Inc.
Databáze: OpenAIRE