The Measurement of Organizational Performance and its Linkages to Reward Mechanisms
Supervisor: Dr. Monica Franco-Santos
Research area: The measurement of organizational performance and its linkages to reward mechanisms
The Centre for Business Performance invites research applications looking at different isses associated with the measurement of organizational performance and its linkages to reward mechanisms (ie merit pay, bonuses, recognition programmes, share schemes).
References
The following references review important aspects of the linkage between pay and performance measurement systems:
Bebchuk, L.A. and Fried, J.M. (2006), 'Pay Without Performance: Overview of the Issues', Academy of Management Perspectives, Vol. 20, No. 1, pp. 5-24.
Gehart, B. and Rynes, S.L. (2003), Compensation: Theory, Evidence, and Strategic Implications, Sage, Thousand Oaks, CA.
Gomez-Mejia, L.R. and Balkin, D.B. (1992), Compensation, Organizational Strategy, and Firm Performance, South-Western Publishing Co., Cincinnati.
Ittner, C.D. and Larcker, D.F. (2002), 'Determinants of Performance Measure Choices in Worker Incentive Plans', Journal of Labor Economics, Vol. 20, No. 2, Apr , pp. 58-90.
Ittner, C.D., Larcker, D.F. and Meyer, M.W. (2003), 'Subjectivity and the Weighting of Performance Measures: Evidence Form a Balanced Scorecard', Accounting Review, Vol. 78, No. 3, pp. 725-758.
Kerr, S. (1995), 'On the Folly of Rewarding A, While Hoping for B', The Academy of Management Executive, Vol. 9, No. 1, pp. 7.
Milkovich, G.T and Wigdor, A. (1991), Pay for Performance: Evaluating Performance Appraisal and Merit Pay, National Academy Press, Washington, D.C.
Perry, J.L., Engbers, T.A. and Jun, S.Y. (2009), Back to the Future? Performance-Related Pay, Empirical Research, and the Perils of Persistence, Public Administration Review, Jan-Feb, pp. 39-51.
Rynes, S.L., Gerhart, B. and Parks, L. (2005), 'PERSONNEL PSYCHOLOGY: Performance Evaluation and Pay for Performance', Annual Review of Psychology, Vol. 56, No. 1, pp. 571-600.
Contact Info:
Dr Monica Franco-Santos, Senior Research Fellow, Centre for Business Performance
Tel: +44 (0) 1234 751122 Email: monica.franco@cranfield.ac.uk