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| Author: | Klaas, B. S. |
| Title: | Containing compensation costs: Why firms differ in their willingness to reduce pay |
| Journal: | Journal of Management
1999 : VOL. 25:6, p. 829-850 |
| Index terms: | Compensation Cost control Human resource management Companies USA |
| Language: | eng |
| Abstract: | Using organizational level data obtained from over 400 human resource managers, this study examines determinants of efforts to reduce compensation, both in real and nominal terms. The results suggest that efforts to lower compensation are related to competitive pressures faced by the firm and to human resource policies and practices. These human resource policies and practices are thought to affect sensitivity to environmental change and the degree to which reductions generate incidental costs for the firm. |
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