Determinants of managerial compensation: An empirical exploration
Data on managerial compensation, past performance ratings, and human capital variables (specifically education and work experience) from a manufacturing unit in India were explored in order to explain the variation in total and budgeted variable compensation. The results obtained provide support for...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Elsevier
2019-06-01
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Series: | IIMB Management Review |
Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389619301582 |
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author | Rajiv Kumar Sahadeb Sarkar Amit Dhiman |
author_facet | Rajiv Kumar Sahadeb Sarkar Amit Dhiman |
author_sort | Rajiv Kumar |
collection | DOAJ |
description | Data on managerial compensation, past performance ratings, and human capital variables (specifically education and work experience) from a manufacturing unit in India were explored in order to explain the variation in total and budgeted variable compensation. The results obtained provide support for the influence of human capital as well as performance variables on compensation. Human capital variable (specifically education) probably impacted compensation structure through market value in a way that could be dubbed elitist. There was some reflection of tournament view also (more differential for higher designation) on compensation. Keywords: Compensation, Incentive design, Pay for performance, Variable pay, Managerial compensation, Compensation management |
first_indexed | 2024-12-19T19:59:06Z |
format | Article |
id | doaj.art-f53c69922e35486ebe54a574ab3e5566 |
institution | Directory Open Access Journal |
issn | 0970-3896 |
language | English |
last_indexed | 2024-12-19T19:59:06Z |
publishDate | 2019-06-01 |
publisher | Elsevier |
record_format | Article |
series | IIMB Management Review |
spelling | doaj.art-f53c69922e35486ebe54a574ab3e55662022-12-21T20:07:44ZengElsevierIIMB Management Review0970-38962019-06-01312105115Determinants of managerial compensation: An empirical explorationRajiv Kumar0Sahadeb Sarkar1Amit Dhiman2Corresponding author: Phone: 033-24678300(Ext. 748).; Indian Institute of Management Calcutta, DH Road, Joka, Kolkata, West Bengal, IndiaIndian Institute of Management Calcutta, DH Road, Joka, Kolkata, West Bengal, IndiaIndian Institute of Management Calcutta, DH Road, Joka, Kolkata, West Bengal, IndiaData on managerial compensation, past performance ratings, and human capital variables (specifically education and work experience) from a manufacturing unit in India were explored in order to explain the variation in total and budgeted variable compensation. The results obtained provide support for the influence of human capital as well as performance variables on compensation. Human capital variable (specifically education) probably impacted compensation structure through market value in a way that could be dubbed elitist. There was some reflection of tournament view also (more differential for higher designation) on compensation. Keywords: Compensation, Incentive design, Pay for performance, Variable pay, Managerial compensation, Compensation managementhttp://www.sciencedirect.com/science/article/pii/S0970389619301582 |
spellingShingle | Rajiv Kumar Sahadeb Sarkar Amit Dhiman Determinants of managerial compensation: An empirical exploration IIMB Management Review |
title | Determinants of managerial compensation: An empirical exploration |
title_full | Determinants of managerial compensation: An empirical exploration |
title_fullStr | Determinants of managerial compensation: An empirical exploration |
title_full_unstemmed | Determinants of managerial compensation: An empirical exploration |
title_short | Determinants of managerial compensation: An empirical exploration |
title_sort | determinants of managerial compensation an empirical exploration |
url | http://www.sciencedirect.com/science/article/pii/S0970389619301582 |
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