Strategic Compensation Designs That Link Pay to Performance

Abstract

Some companies are now seeking to design compensation plans that not only reward performance but also improve it. They want techniques that look forward, beyond their current situation and even beyond pay systems themselves. This approach is called strategic compensation design. It involves focusing on what an organization needs to do to become more competitive and then on developing a compensation plan to help.

Citation

Hurwich, M.R. (1986), "Strategic Compensation Designs That Link Pay to Performance", Journal of Business Strategy, Vol. 7 No. 2, pp. 79-83. https://doi.org/10.1108/eb039156