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| Author: | Hufnagel, E. M. |
| Title: | Developing strategic compensation plans. |
| Journal: | Human Resource Management
1987 : SPRING, VOL. 26:1, p. 93-108 |
| Index terms: | PERSONNEL MANAGEMENT STRATEGIC PLANNING COMPENSATION PAY INCENTIVES |
| Language: | eng |
| Abstract: | Proposed approaches to designing management compensation systems are examined in terms of their potential fit with three mental models of strategy: linear /output-oriented/, adaptive /flexible/, and interpretive /process-oriented/ strategies.A parallel typology of compensation plans is developed suggesting some important dimensions along which management reward systems can be varied. It is emphasized, however,that generic classifications provide only a starting point for understanding and designing effective management compensation plans. |
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