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Total Rewards Model In Romanian Companies

Author

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  • Elena-Sabina HODOR

    (Doctoral School of Economics and Business Administration, ALEXANDRU IOAN CUZA University of Iasi, Romania)

Abstract

Total Rewards Management is a subject of major importance for companies, because, by using models for this, firms can achieve their objectives of high performance. In order to analyse a validated total rewards model in Romanian Accounting and Consulting Companies, it is used The WorldatWork Total Rewards Model, which depict what contributes to applicant attraction and employee motivation and retention. Thus, the methodology of the previous survey is adjusted to the local context. The conclusions for the methodological aspects illustrate that the present research involves three strategic steps in order to achieve the objectives presented: the analysis of organizational environment of the companies from the sample, checking if Total Rewards Model proposed in the previous research is applicable for the same romanian companies from the previous survey, the analysing of the differences between results, and, if necessary, the adaptation of the model for Romania.

Suggested Citation

  • Elena-Sabina HODOR, 2014. "Total Rewards Model In Romanian Companies," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 3, pages 232-238, April.
    • Handle: RePEc:cmj:seapas:y:2014:i:3:p:232-238
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    More about this item

    Keywords

    WorldatWork Total Rewards Model; Matching in Accounting & Consulting Companies; Panel data collection; Romania;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets

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