By Jonathan Trevor
Pay is a key part of the employment dating and it's been encouraged by means of a few lately as a device for boosting organizational functionality and sustained competitiveness. This publication explores the realities of latest pay administration in seven top businesses working globally within the fast-paced customer items zone.
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Additional info for Can Pay Be Strategic?: A Critical Exploration of Strategic Pay in Practice
While providing valuable insights, critical HRM theorists offer little by way of alternatives to the orthodoxy. Their critique of standard theory also suffers from a lack of empirical grounding and lacks credibility, therefore, in the eyes of strategic pay advocates. Their concerns have also found little traction with practitioners. The review of the literature highlights an opportunity for an important contribution to the subject, by redressing the gap in knowledge left void by both standard and critical commentary.
This necessarily requires multi-level analysis of the sort attempted here (Hendry and Pettigrew, 1990). The chosen methods do have limitations, however, such as the assertion that theory building from case studies may result in ‘a narrow and idiosyncratic theory. The risks are that the theory describes a very idiosyncratic phenomenon, or that the theorist is unable to raise the level of the generality of the theory’ (Eisenhardt, 1989). Case study research is characterized by high validity but low reliability (Hussey and Hussey, 1997).
Involvement systems emphasize the use of certain practices over others, as a means of achieving desired outcomes, such as employee involvement and participation. Traditional systems focus more on the maintenance of bureaucratic control and structure, through comprehensive and inflexible processes and systems. Identification systems stress the use of practices promoting organizational identification and commitment, but little else. Finally, none systems involved very little use of HR practices and systems (Bowen and Ostroff, 2004; Wright and Boswell, 2002).