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Rewards Affecting the Organizational Concerns

Author

Listed:
  • Doina I. POPESCU

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

To obtain and maintain a high-performing workforce, an enterprise must develop a well-conceived compensation program. In addition to a salary, employees may be rewarded with benefit plans, bonuses, perquisites, stock options, and other long-term incentives. The main purpose of this article is to study how rewards affect employee perceptions, attitudes, and behavior in a variety of ways. Also, the purpose of this article is to analyze how organizational efficiency and effectiveness are affected as well. The organizational concerns that are influenced by rewards, analyzed in this article, are turnover and absenteeism, performance, and commitment. In order to retain the best performers, to achieve high-levels of performance and to increase organizational commitment, managers must develop reward systems considering individual differences, integrating individual and organizational goals, designing challenging jobs.

Suggested Citation

  • Doina I. POPESCU, 2011. "Rewards Affecting the Organizational Concerns," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2), pages 319-325, May.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:2:p:319-325
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    File URL: https://www.rmci.ase.ro/no12vol2/10.pdf
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    References listed on IDEAS

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    1. Isabelle Huault & V. Perret & S. Charreire-Petit, 2007. "Management," Post-Print halshs-00337676, HAL.
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    Cited by:

    1. Hareendrakumar V. R. & Suresh Subramoniam & Nizar Hussain M., 2020. "Redesigning Rewards for Improved Fairness Perception and Loyalty," Vision, , vol. 24(4), pages 481-495, December.

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    More about this item

    Keywords

    reward; turnover; absenteeism; job performance; organizational commitment.;
    All these keywords.

    JEL classification:

    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

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