Factors Related to Lump Sum Bonuses: The Case of a Canadian Financial Institution
نویسندگان
چکیده
The use of lump sum bonuses as a variable pay system is increasingly popular with businesses. Used as a means to reward strong individual performances of employees, lump sum bonuses are granted according to the manager’s appraisal of the employee’s performance. The aim of this research is to ascertain whether there are factors other than individual performance that exert an influence on the granting of lump sum bonuses. Results show that individual and socio-demographic factors, factors linked to the job, and individual performance have a direct and indirect influence on lump sum bonuses. Thus, contrary to the definition of the concept of lump sum bonuses, individual performance is not the sole factor which determines the granting of lump sum bonuses.
منابع مشابه
ماهیت حقوقی حساب ودیعه در معاملات مشتقه مالی
Derivative market including futures and options is Innovation of IRI’ exchange Securities Act 2005. One of the distinguishing characteristic of the market is the guarantee of clients’ obligations through margin account system. Investors, while entering in to the market, shall have to deposit a sum called margin account in order to guarantee their liabilities and shall have t...
متن کاملAn Aggregated Supplier Selection Method Based on QFD and TOPSIS (Case Study: A Financial Institution)
With daily development of information technology supply chain of service-based organizations like financial institutions and the increased value of outsourced activities, also the importance of customer satisfaction, outsourced affairs must have done by the suppliers who have the ability of accomplishing the organizational demands. To mitigate the risk of invalid supplier selections, verificati...
متن کاملCustomer Orientation and Business Performance of Financial Institution: A Case Study of Eastern Hararghe Commercial Bank of Ethiopia
The main objective of the paper is to investigate customer treatment, financial efficiency and supporting customer services with modern banking technology in financial institutions. The customer orientation and business performance of financial institutions targets customer services to maintain long term mutual relationships. The findings of the study has direct practical relevance for the bank...
متن کاملLump Sum Bonuses in Union Contracts: Semantic Change or Step toward a New Wage Determination System?
* We are grateful to the many members of the MIT and Harvard economics communities who have generously provided us with insightful conversations, comments on an earlier draft of this paper and practical support. We are particularly indebted to
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2009