IDEAS home Printed from https://ideas.repec.org/a/ids/ijhrdm/v6y2006i1p48-67.html
   My bibliography  Save this article

A review and analysis of compensation practices in the Caribbean

Author

Listed:
  • Sunil J. Ramlall

Abstract

The paper examines and analyses compensation practices in the Caribbean; compares 'current' practices and the extent to which HR professionals think the current practices 'should' be utilised in driving firm performance; and compares current compensation practices in the Caribbean to the USA wherever applicable. The findings do not only provide vital understanding of the effectiveness of current practices, but also provide critical insights as to how organisations in the Caribbean can become more competitive through compensation strategies. Some of the major findings identified include: pay increases are generally not tied to individual performance; current compensation systems do not always provide the money's worth; there is little input from employees on compensation practices; seniority currently plays a significant role in an employee's compensation; employees do not feel that the current compensation practices enable organisations to attract, motivate, and retain employees.

Suggested Citation

  • Sunil J. Ramlall, 2006. "A review and analysis of compensation practices in the Caribbean," International Journal of Human Resources Development and Management, Inderscience Enterprises Ltd, vol. 6(1), pages 48-67.
    • Handle: RePEc:ids:ijhrdm:v:6:y:2006:i:1:p:48-67
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=9748
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijhrdm:v:6:y:2006:i:1:p:48-67. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=15 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.