Psychological Context of Managerial Staff Compensation – Polish Experiences

The article is meant to become part of the scientific discussion concerning the psychological foundations shaping the compensation system and transparency of managerial staff’s salaries. It is founded on a scientifically proven assumption that in respect to salaries the employees’ assessment, includ...

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Main Author: MOCZYDŁOWSKA Joanna
Format: Article
Language:English
Published: Varazdin Development and Entrepreneurship Agency 2018-09-01
Series:Journal of Economic and Social Development (Varaždin)
Subjects:
Online Access:https://www.jesd-online.com/dokumenti/upload/separated/EBOOK_Journal_CJ02_ART_1.pdf
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author MOCZYDŁOWSKA Joanna
author_facet MOCZYDŁOWSKA Joanna
author_sort MOCZYDŁOWSKA Joanna
collection DOAJ
description The article is meant to become part of the scientific discussion concerning the psychological foundations shaping the compensation system and transparency of managerial staff’s salaries. It is founded on a scientifically proven assumption that in respect to salaries the employees’ assessment, including management staff, of their attractiveness is contingent on numerous factors with the most important ones being psychological in character. Through analysis the article aims to identify managerial staff’s opinions regarding the psychological aspects of the remuneration system including: integrity, justice, adequacy and transparency. To achieve this goal the author used a questionnaire which was administered to 120 representatives of middle and senior managerial staff working within the corporate sector functioning in Poland. The present study should be considered to be a pilot study. It was determined that sex was one of the variables which meaningfully influenced the psychological aspects of evaluating a remuneration system. In general, most male managers gauge their salary as satisfying whereas female managers who show satisfaction with their salary constitute less than half of the study sample. Clearly, therefore, women more often than men considered their salary to be unsatisfactory or average. In contrast to their male counterpart’s female study participants more often described their salary as fair if it was based on such factors as time needed for job completion and mental strain. Managers taking part in the study, regardless of gender, specified difficulty, the degree of responsibility connected with their job and results achieved by a team which they managed as having the greatest influence on their perception of their salary as fair. Majority of managers expect their salary not be dependent upon the financial success of the company as a whole. Additionally, they express acceptance for differences within salaries of managers working for the same organization and their direct correlation to individual accomplishment. Most management staff support the idea that salary amounts remain undisclosed but advocate transparency in the way salaries are structured.
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spelling doaj.art-b5e48d2a8e7441669c8d45243b4a844c2024-04-03T04:04:30ZengVarazdin Development and Entrepreneurship AgencyJournal of Economic and Social Development (Varaždin)1849-33272018-09-0105020107Psychological Context of Managerial Staff Compensation – Polish ExperiencesMOCZYDŁOWSKA Joanna0Bialystok University of Technology (POLAND)The article is meant to become part of the scientific discussion concerning the psychological foundations shaping the compensation system and transparency of managerial staff’s salaries. It is founded on a scientifically proven assumption that in respect to salaries the employees’ assessment, including management staff, of their attractiveness is contingent on numerous factors with the most important ones being psychological in character. Through analysis the article aims to identify managerial staff’s opinions regarding the psychological aspects of the remuneration system including: integrity, justice, adequacy and transparency. To achieve this goal the author used a questionnaire which was administered to 120 representatives of middle and senior managerial staff working within the corporate sector functioning in Poland. The present study should be considered to be a pilot study. It was determined that sex was one of the variables which meaningfully influenced the psychological aspects of evaluating a remuneration system. In general, most male managers gauge their salary as satisfying whereas female managers who show satisfaction with their salary constitute less than half of the study sample. Clearly, therefore, women more often than men considered their salary to be unsatisfactory or average. In contrast to their male counterpart’s female study participants more often described their salary as fair if it was based on such factors as time needed for job completion and mental strain. Managers taking part in the study, regardless of gender, specified difficulty, the degree of responsibility connected with their job and results achieved by a team which they managed as having the greatest influence on their perception of their salary as fair. Majority of managers expect their salary not be dependent upon the financial success of the company as a whole. Additionally, they express acceptance for differences within salaries of managers working for the same organization and their direct correlation to individual accomplishment. Most management staff support the idea that salary amounts remain undisclosed but advocate transparency in the way salaries are structured.https://www.jesd-online.com/dokumenti/upload/separated/EBOOK_Journal_CJ02_ART_1.pdfcompensationsalariesmanagerial staff’s rewarding
spellingShingle MOCZYDŁOWSKA Joanna
Psychological Context of Managerial Staff Compensation – Polish Experiences
Journal of Economic and Social Development (Varaždin)
compensation
salaries
managerial staff’s rewarding
title Psychological Context of Managerial Staff Compensation – Polish Experiences
title_full Psychological Context of Managerial Staff Compensation – Polish Experiences
title_fullStr Psychological Context of Managerial Staff Compensation – Polish Experiences
title_full_unstemmed Psychological Context of Managerial Staff Compensation – Polish Experiences
title_short Psychological Context of Managerial Staff Compensation – Polish Experiences
title_sort psychological context of managerial staff compensation polish experiences
topic compensation
salaries
managerial staff’s rewarding
url https://www.jesd-online.com/dokumenti/upload/separated/EBOOK_Journal_CJ02_ART_1.pdf
work_keys_str_mv AT moczydłowskajoanna psychologicalcontextofmanagerialstaffcompensationpolishexperiences