The role of individual variable pay in a collectivistic culture society: an evaluation

With increasing worldwide use of individual variable pay (IVP) and thereby some theoretical suggestions to drop it in collectivistic societies it is worth examining the role of variable pay in such cultural surroundings. This paper aims at answering the following research questions: what kind of IVP...
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Gespeichert in:

Autor*in:	Ivana Načinović Braje [verfasserIn] Maja Klindžić [verfasserIn] Lovorka Galetić [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2019

Schlagwörter:	collectivism variable pay pay for performance croatia

Übergeordnetes Werk:	In: Ekonomska Istraživanja - Taylor & Francis Group, 2019, 32(2019), 1, Seite 1352-1372
Übergeordnetes Werk:	volume:32 ; year:2019 ; number:1 ; pages:1352-1372

Links:	Link aufrufen Link aufrufen Link aufrufen Journal toc Journal toc

DOI / URN:	10.1080/1331677X.2018.1559073

Katalog-ID:	DOAJ070380163

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spelling	10.1080/1331677X.2018.1559073 doi (DE-627)DOAJ070380163 (DE-599)DOAJa121c6a2eaba4242b174d23302068d5a DE-627 ger DE-627 rakwb eng HD72-88 Ivana Načinović Braje verfasserin aut The role of individual variable pay in a collectivistic culture society: an evaluation 2019 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier With increasing worldwide use of individual variable pay (IVP) and thereby some theoretical suggestions to drop it in collectivistic societies it is worth examining the role of variable pay in such cultural surroundings. This paper aims at answering the following research questions: what kind of IVP systems are offered in collectivistic societies, is the implementation of IVP systems related to some specific company characteristic and what results can companies achieve by using IVP systems. A primary research of compensation practices was conducted among 58 Croatian medium and large companies. The research carried out shows that in Croatia, which is a highly collectivistic society, companies offer IVP such as pay for performance, sales commissions and occasional bonuses to its employees. Non-parametric testing has shown that the use of individual-based pay for performance is dependent upon the size and ownership structure of the company. However, contrary to some previous findings and expectations, our analysis reveals only minor differences in organisational outcomes between companies that apply or do not apply individual incentives. Research results support the thesis of global convergence of compensation practices and show that collectivistic heritage does not inhibit the implementation of IVP. collectivism variable pay pay for performance croatia Economic growth, development, planning Regional economics. Space in economics HT388 Maja Klindžić verfasserin aut Lovorka Galetić verfasserin aut In Ekonomska Istraživanja Taylor & Francis Group, 2019 32(2019), 1, Seite 1352-1372 (DE-627)521479487 (DE-600)2262643-8 18489664 nnns volume:32 year:2019 number:1 pages:1352-1372 https://doi.org/10.1080/1331677X.2018.1559073 kostenfrei https://doaj.org/article/a121c6a2eaba4242b174d23302068d5a kostenfrei http://dx.doi.org/10.1080/1331677X.2018.1559073 kostenfrei https://doaj.org/toc/1331-677X Journal toc kostenfrei https://doaj.org/toc/1848-9664 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ SSG-OLC-PHA GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_152 GBV_ILN_161 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_2009 GBV_ILN_2014 GBV_ILN_2034 GBV_ILN_2055 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 AR 32 2019 1 1352-1372
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topic_facet	collectivism variable pay pay for performance croatia Economic growth, development, planning Regional economics. Space in economics HT388
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callnumber-first	H - Social Science
author	Ivana Načinović Braje
spellingShingle	Ivana Načinović Braje misc HD72-88 misc collectivism misc variable pay misc pay for performance misc croatia misc Economic growth, development, planning misc Regional economics. Space in economics misc HT388 The role of individual variable pay in a collectivistic culture society: an evaluation
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title	The role of individual variable pay in a collectivistic culture society: an evaluation
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title_full	The role of individual variable pay in a collectivistic culture society: an evaluation
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title_sort	role of individual variable pay in a collectivistic culture society: an evaluation
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title_auth	The role of individual variable pay in a collectivistic culture society: an evaluation
abstract	With increasing worldwide use of individual variable pay (IVP) and thereby some theoretical suggestions to drop it in collectivistic societies it is worth examining the role of variable pay in such cultural surroundings. This paper aims at answering the following research questions: what kind of IVP systems are offered in collectivistic societies, is the implementation of IVP systems related to some specific company characteristic and what results can companies achieve by using IVP systems. A primary research of compensation practices was conducted among 58 Croatian medium and large companies. The research carried out shows that in Croatia, which is a highly collectivistic society, companies offer IVP such as pay for performance, sales commissions and occasional bonuses to its employees. Non-parametric testing has shown that the use of individual-based pay for performance is dependent upon the size and ownership structure of the company. However, contrary to some previous findings and expectations, our analysis reveals only minor differences in organisational outcomes between companies that apply or do not apply individual incentives. Research results support the thesis of global convergence of compensation practices and show that collectivistic heritage does not inhibit the implementation of IVP.
abstractGer	With increasing worldwide use of individual variable pay (IVP) and thereby some theoretical suggestions to drop it in collectivistic societies it is worth examining the role of variable pay in such cultural surroundings. This paper aims at answering the following research questions: what kind of IVP systems are offered in collectivistic societies, is the implementation of IVP systems related to some specific company characteristic and what results can companies achieve by using IVP systems. A primary research of compensation practices was conducted among 58 Croatian medium and large companies. The research carried out shows that in Croatia, which is a highly collectivistic society, companies offer IVP such as pay for performance, sales commissions and occasional bonuses to its employees. Non-parametric testing has shown that the use of individual-based pay for performance is dependent upon the size and ownership structure of the company. However, contrary to some previous findings and expectations, our analysis reveals only minor differences in organisational outcomes between companies that apply or do not apply individual incentives. Research results support the thesis of global convergence of compensation practices and show that collectivistic heritage does not inhibit the implementation of IVP.
abstract_unstemmed	With increasing worldwide use of individual variable pay (IVP) and thereby some theoretical suggestions to drop it in collectivistic societies it is worth examining the role of variable pay in such cultural surroundings. This paper aims at answering the following research questions: what kind of IVP systems are offered in collectivistic societies, is the implementation of IVP systems related to some specific company characteristic and what results can companies achieve by using IVP systems. A primary research of compensation practices was conducted among 58 Croatian medium and large companies. The research carried out shows that in Croatia, which is a highly collectivistic society, companies offer IVP such as pay for performance, sales commissions and occasional bonuses to its employees. Non-parametric testing has shown that the use of individual-based pay for performance is dependent upon the size and ownership structure of the company. However, contrary to some previous findings and expectations, our analysis reveals only minor differences in organisational outcomes between companies that apply or do not apply individual incentives. Research results support the thesis of global convergence of compensation practices and show that collectivistic heritage does not inhibit the implementation of IVP.
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title_short	The role of individual variable pay in a collectivistic culture society: an evaluation
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The role of individual variable pay in a collectivistic culture society: an evaluation

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