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Individual Research Paper Proposal For course Human Resource Management - Total Compensation - Assignment Example

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This defines the set of direct and indirect compensations that employees can receive and is a subset of rewards and remunerations. Its scope includes monetary and non-monetary benefits to employees and forms a basis for motivation into…
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Individual Research Paper Proposal For course Human Resource Management - Total Compensation
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Download file to see previous pages Ccompensation, as an extrinsic motivator, influences employees to achieve objectives that are attached to the motivators and therefore determines success in objectives. A desire to receive compensation is also a significant intrinsic motivator and motivational potential of different forms of compensation is a foundation for my interest in total compensation with focus on a matrix approach to compensation methods for optimal employees’ effectiveness (Neely, 2007). The relationship between compensation and employee satisfaction, which also has impacts on employee turnover and productivity, also influences my interest in the topic of total compensation. Diversity among employees and potential differences in attitudes towards different compensation strategies identifies the need for an understanding of different compensation strategies and their possible effectiveness, a need that has also motivated me into the topic of total compensation (Deb, 2009). My interest in statistical analysis that is important in monitoring and evaluation of effects of such inputs as compensation strategies also informs my decision into the topic of total compensation.
I have done preliminary literature search on the topic and realized scarcity of information on the general scope of the topic. A search with total compensation yields no results of journal articles but modified search that narrows down to specific aspects of total compensation yields research. This approach generated more than five journal articles that were published within the last five years. The article, ‘Management compensation systems in MNCs and domestic firms’ that explores management practices on compensation and in different environments is an example (Le, Brewster, Demirbag and Wood, 2013). Another identified article investigated variability in effectiveness of incentive compensation on managerial actions (Chng, Rogers, Shih and Song, 2012). Sourcing for more than 10 journal ...Download file to see next pagesRead More
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