
DOI: 10.11118/978-80-7701-042-9-0070
TWO DIMENSIONAL PERFORMANCE-RELATED COMPENSATION SYSTEM FOR BLUE COLLAR WORKERS IN PRODUCTION COMPANIES
- Attila Komlósi1, Zsuzsanna Orbán1
- 1 John von Neumann University, Infopark sétány 1., 1117 Budapest, Hungary
Key performance indicators for personnel management, such as low turnover rates and improving satisfaction levels, suggest that a well-defined, understandable and personalised performance-related remuneration system contributes to improving performance and increases retention rates by linking performance to direct financial and career progression incentives.
Keywords: motivation, compensation, performance-related, blue collar
pages: 70-71, online: 2025
References
- Barth, E., Bratsberg, B., Hægeland, T., Raaum, O. 2008. Performance pay and within-firm wage inequality. Discussion Papers No. 535, Statistics Norway, Research Department.
Go to original source...
- Luthans, F. D., Stajkovic, A. 1999. Reinforce for performance: The need to go beyond pay and even rewards. Academy of Management Executive. 13(2), 49-57.
Go to original source...
- Lollo, N., O'Rourke, D. 2020. Factory benefits to paying workers more: The critical role of compensation systems in apparel manufacturing. National Library of Medicine. PLoS ONE. 15(2), e0227510. https://doi.org/10.1371/journal.pone.0227510
Go to original source...
- Forth, J., Bryson, A., Stokes, L. 2016. Are firms paying more for performance? International Journal of Manpower. 37(2), 323-343. https://doi.org/10.1108/IJM-01-2015-0006
Go to original source...
- Park, S., Sturman, M. C. 2009. The Relative Effects of Merit Pay, Bonuses, and Long-Term Incentives on Future Job Performance (CRI 2009-009). Cornell University, ILR School. https://hdl.handle.net/1813/73195