STRATEGIC COMPENSATION: INVESTIGATING THE EFFICIENCY RATIONALE FOR PAY COMPRESSION IN SELF-MANAGED WORK TEAMS
Keywords:
Strategic compensation, pay compression, self-managed work teamsAbstract
This research delves into the strategic implementation of pay compression within self-managed work teams, aiming to investigate its efficiency rationale. Pay compression, characterized by minimized pay differentials between team members, has gained attention as a potential mechanism to enhance collaboration and performance in self-managed teams. Through a comprehensive analysis of organizational practices, employee perceptions, and performance outcomes, this study seeks to uncover the nuanced dynamics of strategic compensation in self-managed work teams. The findings contribute valuable insights to organizational management strategies, shedding light on the implications of pay compression for team dynamics, motivation, and overall efficiency.
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Copyright (c) 2023 Samuel Fischer
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