Abstract
Based on a sample of 175 scientists and engineers, this study shows that individual‐based rewards (either in the form of merit pay or individual bonuses) are perceived as less effective than aggregate incentive strategies for R & D workers. The pay effectiveness measures used here include pay satisfaction, propensity to leave, project performance, and individual performance. All things considered, team‐based bonuses are perceived as the most effective rewards in an R & D setting. The findings also indicate that employees with a low willingness to take risks are more likely to experience withdrawal cognition if they work for a firm that relies on variable compensation.
Original language | English (US) |
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Pages (from-to) | 431-445 |
Number of pages | 15 |
Journal | Industrial Relations: A Journal of Economy and Society |
Volume | 28 |
Issue number | 3 |
DOIs | |
State | Published - Sep 1989 |
Externally published | Yes |
ASJC Scopus subject areas
- Industrial relations
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Management of Technology and Innovation