The relationship between the determinants of executive remuneration in South African state-owned enterprises
Orientation: Research on executive remuneration should be able to indicate the necessary elements and dimensions at work when deciding on an executive’s package. Research purpose: The purpose of this article was to review a correlation of elements as determinants of executive remuneration. Motivat...
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| Format: | Article |
| Language: | English |
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AOSIS
2020-11-01
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| Series: | SA Journal of Human Resource Management |
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| Online Access: | https://sajhrm.co.za/index.php/sajhrm/article/view/1250 |
| Summary: | Orientation: Research on executive remuneration should be able to indicate the necessary elements and dimensions at work when deciding on an executive’s package.
Research purpose: The purpose of this article was to review a correlation of elements as determinants of executive remuneration.
Motivation for the study: The limited research on executive remuneration tends to focus on how executive pay varies with performance and less on the determinants of executive remuneration.
Research design and method: A quantitative research method was used. The target population consisted of executives from 21 South African state-owned enterprises (SOEs). The research design was a cross-sectional study. A categorical multiple regression analysis was performed.
Main findings: The research results seem to suggest that there is a significant statistical correlation between organisation size and type of industry; job function and type of industry; organisation size and job function; and the level of education and job function as a determinant of executive remuneration within the context of South African SOEs. However, the extent of the correlations between the determinants of executive remuneration is not the same.
Practical/managerial implications: The research results create awareness amongst human resources practitioners and consultants of the extent to which some of the determinants of remuneration may apply in practice.
Contribution/value-add: This study highlights the importance of probing further with the effect of size correlation in quantitative research in the context of executive remuneration. |
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| ISSN: | 1683-7584 2071-078X |