Recent compensation research: An eclectic review

Abstract The purpose of this article is to review the literature of compensation and compensation-related issues within the field of management. After reviewing 6867 articles included in 20 top journals over the past 7 years, 396 articles were found to be within the compensation domain. These compensation-related articles were grouped into 12 categories. Upon synthesis of these articles, we analyze the linkages across these categories and suggest areas for future research. We conclude with some observations on the current state of compensation research.

[1]  Jeremy B. Fox,et al.  Early Retirement Programs and Firm Performance , 1996 .

[2]  E. Lazear.  Personnel Economics: Past Lessons and Future Directions , 1999 .

[3]  L. Gómez-Mejia,et al.  IS CEO PAY IN HIGH-TECHNOLOGY FIRMS RELATED TO INNOVATION? , 2000 .

[4]  Andrew D. Henderson,et al.  Top Management Team Coordination Needs and the CEO Pay Gap: A Competitive Test of Economic and Behavioral Views , 2001 .

[5]  M. Konovsky.  Understanding Procedural Justice and Its Impact on Business Organizations , 2000 .

[6]  M. Bloom,et al.  The Performance Effects of Pay Dispersion on Individuals and Organizations , 1999 .

[7]  R. Freeman,et al.  The Attitudinal Legacy of Communist Labor Relations , 1997 .

[8]  R. Clark,et al.  Faculty Choice of a Pension Plan: Defined Benefit versus Defined Contribution , 1999 .

[9]  Zadia M. Feliciano.  Workers and Trade Liberalization: The Impact of Trade Reforms in Mexico on Wages and Employment , 2001 .

[10]  P. M. Podsakoff,et al.  Journal Influence in the Field of Management: An Analysis Using Salancik's Index in a Dependency Network , 1994 .

[11]  Simon Peck,et al.  Corporate tournaments and executive compensation: Evidence from the U.K , 2001 .

[12]  Mason A. Carpenter,et al.  Top management team compensation: The missing link between CEO pay and firm performance? , 2002 .

[13]  David A. Ricks,et al.  Recent Developments in International Management Research , 1990 .

[14]  Kitty O. Locker.  The Challenge of Interdisciplinary Research , 1994 .

[15]  Randall S. Schuler,et al.  Understanding Compensation Practice Variations Across Firms: The Impact of National Culture , 1998 .

[16]  G. Blau,et al.  Antecedents and consequences of basic versus career enrichment benefit satisfaction , 2001 .

[17]  Le Thi Cao,et al.  The influence of career stage on the work attitudes of male and female accounting professionals , 1996 .

[18]  Donna E. Thompson,et al.  Above the glass ceiling? A comparison of matched samples of female and male executives. , 1997, The Journal of applied psychology.

[19]  J. Shaw,et al.  Are financial incentives related to performance? A meta-analytic review of empirical research. , 1998 .

[20]  Joseph J. Martocchio,et al.  CHINESE AND AMERICAN MANAGERS' COMPENSATION AWARD DECISIONS: A COMPARATIVE POLICY‐CAPTURING STUDY , 2001 .

[21]  E. Deci,et al.  A meta-analytic review of experiments examining the effects of extrinsic rewards on intrinsic motivation. , 1999, Psychological bulletin.

[22]  N. Thurston.  Labor Market Effects of Hawaii'S Mandatory Employer-Provided Health Insurance , 1997 .

[23]  Steve Werner,et al.  Fair or Foul?: The Effects of External, Internal, and Employee Equity on Changes in Performance of Major League Baseball Players , 1999 .

[24]  Barry Gerhart,et al.  Compensation in organizations : current research and practice , 2002 .

[25]  M. Shannon,et al.  The Gender Wage Gap: A Comparison of Australia and Canada , 1996 .

[26]  Edward L. Deci,et al.  The undermining effect is a reality after all--Extrinsic rewards , 1999 .

[27]  George T. Milkovich,et al.  A Strategic Perspective on Compensation Management , 1987 .

[28]  Catherine C. H. Chiu,et al.  Distributive and procedural justice as predictors of employee outcomes in Hong Kong , 2000 .

[29]  J. Giacobbe-Miller,et al.  A COMPARISON OF RUSSIAN AND U.S. PAY ALLOCATION DECISIONS, DISTRIBUTIVE JUSTICE JUDGMENTS, AND PRODUCTIVITY UNDER DIFFERENT PAYMENT CONDITIONS , 1998 .

[30]  C. Mueller,et al.  Distributive Justice Evaluations in Two Cultural Contexts: A Comparison of U.S. and South Korean Teachers , 1999 .

[31]  David H. Gobeli,et al.  Managerial Incentives, Internalization, and Market Valuation of Multinational Firms , 1998 .

[32]  Mary E. Graham,et al.  New Directions in Compensation Research: Synergies, Risk, and Survival , 1995 .

[33]  N. Sicherman.  Gender Differences in Departures from a Large Firm , 1996 .

[34]  Michael R. Pergamit,et al.  What is a Promotion? , 1999 .

[35]  Mason A. Carpenter,et al.  Internationalization and Firm Governance: The Roles of CEO Compensation, Top Team Composition, and Board Structure , 1998 .

[36]  Henry W. Lane,et al.  International Management Research: Lessons from the Field , 1988 .

[37]  H. Herzog,et al.  Import Competition, Employment Risk, and the Job-Search Outcomes of Trade-Displaced Manufacturing Workers , 1998 .

[38]  M. Ezzamel,et al.  Market Comparison Earnings and the Bidding-up of Executive Cash Compensation: Evidence From The United Kingdom , 1998 .

[39]  Kathleen Clark,et al.  Explaining nursing turnover intent: job satisfaction, pay satisfaction, or organizational commitment? , 1998 .

[40]  Kendall Roth,et al.  Foreign Subsidiary Compensation Strategy: An Agency Theory Perspective , 1996 .

[41]  J. Brockner,et al.  An integrative framework for explaining reactions to decisions: interactive effects of outcomes and procedures. , 1996, Psychological bulletin.

[42]  L. Gómez-Mejia,et al.  Reframing executive compensation: An assessment and outlook , 1997 .

[43]  Jason D. Shaw,et al.  Unionization, Compensation, and Voice Effects on Quits and Retention , 2000 .

[44]  R. Smart,et al.  Career Stages in Australian Professional Women: A Test of Super's Model , 1998 .

[45]  Mason A. Carpenter,et al.  Micro-Level Opportunity Structures as Determinants of Non-Ceo Executive Pay , 2001 .

[46]  Jason D. Shaw,et al.  Positive and Negative Affect, Signal Sensitivity, and Pay Satisfaction , 1999 .

[47]  E. Lazear,et al.  Personnel Economics: Past Lessons and Future Directions Presidential Address to the Society of Labor Economists, San Francisco, May 1, 1998 , 1999, Journal of Labor Economics.

[48]  K. Michele Kacmar,et al.  An Additional Rating Method for Journal Articles in the Field of Management , 2000 .

[49]  A. Tahai,et al.  A revealed preference study of management journals' direct influences , 1999 .

[50]  Michelle Brown.  Unequal Pay, Unequal Responses? Pay Referents and their Implications for Pay Level Satisfaction , 2001 .

[51]  J. Budd.  Union Wage Determination in Canadian and U.S. Manufacturing, 1964–1990: A Comparative Analysis , 1996 .

[52]  M. D. Dunnette,et al.  The role of financial compensation in industrial motivation. , 1966, Psychological bulletin.

[53]  Rajiv D. Banker,et al.  Executive Compensation in the Information Technology Industry , 2000 .

[54]  W D Pierce,et al.  Effects of reward on intrinsic motivation--negative, neutral and positive: comment on Deci, Koestner, and Ryan (1999) , 1999, Psychological bulletin.

[55]  R. Wiseman,et al.  Perceptions of executive pay: does pay enhance a leader's aura? , 2001 .

[56]  T. Scandura,et al.  Research Methodology In Management: Current Practices, Trends, And Implications For Future Research , 2000 .

[57]  T. Welbourne,et al.  Gainsharing: a Critical Review and a Future Research Agenda Advancing the World of Work , 2022 .

[58]  Sarah Brown,et al.  Absenteeism and Employee Sharing: An Empirical Analysis Based on French Panel Data, 1981–1991 , 1999 .

[59]  David B. Balkin,et al.  Determinants of faculty pay: An agency theory perspective. , 1992 .

[60]  Harry J. Holzer,et al.  Employer Skill Demands and Labor Market Outcomes of Blacks and Women , 1998 .

[61]  M. Barringer,et al.  A Theoretical Exploration of the Adoption and Design of Flexible Benefit Plans: A Case of Human Resource Innovation , 1998 .

[62]  Tammy D. Allen,et al.  Work/Family Benefits: Variables Related to Employees' Fairness Perceptions. , 2001 .

[63]  B. Gerhart,et al.  Employee Compensation: Theory, Practice, and Evidence , 1995 .

[64]  Barry Gerhart,et al.  Compensation: Theory, Evidence, and Strategic Implications , 2003 .

[65]  Vida Scarpello,et al.  Why justice matters in compensation decision making , 1996 .

[66]  Mason A. Carpenter,et al.  The Price of Change: The Role of CEO Compensation in Strategic Variation and Deviation From Industry Strategy Norms , 2000 .

[67]  P. Carlin.  Is Lunch and other Break Time Productive in Sweden? A Hedonic Earnings Approach , 1997 .

[68]  Steve Werner.  Recent Developments in International Management Research: A Review of 20 Top Management Journals , 2002 .

[69]  Donald S. Siegel,et al.  A Theoretical and Empirical Analysis of Journal Rankings: The Case of Formal Lists , 2000 .

[70]  O. Azfar,et al.  Profit-Sharing, Employment Stability, and Wage Growth , 2001 .

[71]  R. Weber.  Basic Content Analysis , 1986 .

[72]  Mason A. Carpenter,et al.  Bundling Human Capital with Organizational Context: The Impact of International Assignment Experience on Multinational Firm Performance and CEO Pay , 2001 .

[73]  James H. Dulebohn,et al.  SELECTION AMONG EMPLOYER-SPONSORED PENSION PLANS: THE ROLE OF INDIVIDUAL DIFFERENCES , 2000 .

[74]  R. Gibbons.  Incentives in Organizations , 1998 .

[75]  Henry L. Tosi,et al.  How Much Does Performance Matter? A Meta-Analysis of CEO Pay Studies , 2000 .

[76]  Gerald R. Ferris,et al.  Handbook of human resource management , 1995 .