Anaïs Thibault Landry, Jacques Forest, Drea Zigarmi
{"title":"Revisiting the Use of Cash Rewards in the Workplace: Evidence of Their Differential Impact on Employees’ Experiences in Three Samples Using Self-Determination Theory","authors":"Anaïs Thibault Landry, Jacques Forest, Drea Zigarmi","doi":"10.1177/0886368719881278","DOIUrl":"https://doi.org/10.1177/0886368719881278","url":null,"abstract":"Using self-determination theory, this research sheds light on the role of different subjective, or functional, meanings of cash rewards on employees’ functioning. Based on three samples of workers from across the world in a variety of industries, the current research provides empirical evidence that cash rewards perceived as having an informative meaning positively contribute to their psychological needs, which leads to better functioning, whereas cash rewards perceived as having a controlling meaning negatively contributed to their psychological needs, which is then associated with suboptimal functioning. These findings highlight the theoretical and practical relevance of considering employees’ perceptions to understand the influence of cash reward programs on their commitment, quality of motivation and behaviors in the workplace as well as to better design these programs, including their roll out strategies, if organizations set those in place to drive healthier forms of motivation and commitment.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"147 1","pages":"111 - 92"},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91124248","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Employer Matching Contributions to Section 529 College Savings Plans","authors":"J. Kilgour","doi":"10.1177/0886368719880380","DOIUrl":"https://doi.org/10.1177/0886368719880380","url":null,"abstract":"The alarming increase of higher education and the resulting growth of student debt in recent years has resulted in a number of employers adopting programs to assist employees with 529 college savings plans. However, the design or adoption of such plans is complicated. They are 529 prepaid tuition plans, educational savings plans or Coverdell Educational Savings Accounts. Many states offer tax deductions, tax credits or grants. Fees and expenses vary significantly among the different types of plans and from state to state as does investment performance. This article examines these matters from the perspective of an employer considering the adoption of a 529 or other college savings plan as an employee benefit.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"15 1","pages":"129 - 140"},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77661970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Evolution of Private Sector Retirement Income From Defined-Benefit Pensions to Target-Date 401(k) Plans","authors":"J. Kilgour","doi":"10.1177/0886368719864480","DOIUrl":"https://doi.org/10.1177/0886368719864480","url":null,"abstract":"Traditional employer-sponsored defined-benefit pension plans in the private sector that provided lifetime benefits have declined precipitously since 1985. They have been largely replaced by Section 401(k) plans in which investment control, market risk and longevity risk have been transferred from the employer to the participant. Most participants opted for the low-yielding money market plan default option, which proved inadequate for providing viable retirement income. The Pension Reform Act of 2006 made two important changes to 401(k) plans: (1) allowed automatic enrollment and (2) allowed target-date funds as a “qualified default investment alternative.” This article examines the evolution from defined-benefit pensions to target-date funds and the closely related collective investment trusts.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"33 1","pages":"77 - 85"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88647701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Editor’s Introduction","authors":"P. Bryant","doi":"10.1177/0886368719870684","DOIUrl":"https://doi.org/10.1177/0886368719870684","url":null,"abstract":"This article outlines the themes of the manuscripts published in Vol 15, no. 1 (August 2020).","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"2 1","pages":"47 - 47"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91245017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Growing Small Business: Mitigating the Wage and Wealth Gap","authors":"S. Ertel","doi":"10.1177/0886368719864481","DOIUrl":"https://doi.org/10.1177/0886368719864481","url":null,"abstract":"This article not only acknowledges that the wage and wealth gap is an issue larger than the scope of the following research, but also endeavors to begin foundational conversations in order to assist small business owners. This article will delve into surveys received from 11 small business owners around the country, offering solutions and concluding with the impact small business owners can make in addressing the wage and wealth gap. Many in the United States are considered to be within the poverty level, and many of those individuals are working for larger corporations who do not pay enough per hour to adequately support their employees. Quotes and credible statistics will be used throughout the article to portray the opportunity small business owners have in order to help those who are poverty stricken today, and ultimately the local economy.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"18 1","pages":"48 - 54"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77285533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Analyses of Publications on Compensation Management From 2004 to 2017","authors":"P. Patnaik, Damodar Suar","doi":"10.1177/0886368719860673","DOIUrl":"https://doi.org/10.1177/0886368719860673","url":null,"abstract":"The article conducts a publication analysis of articles on compensation management from 2004 to 2017. After reviewing 9,823 articles, 1,218 articles were identified and placed under 10 topics. Following the product life cycle model, 10 topics were fitted to different patterns. A cubic pattern is found on topics of benefits, compensating special groups, employee contributions, environmental factors, workforce diversity, international compensation and organizational justice. A quadratic pattern is observed on topics of individual factors, strategic compensation and wage administration. The product life cycle analyses reveal that publications on compensation management undergo growth, maturity or decline phases with respect to time. In addition, the publication analyses find that Compensation and Benefits Review is the most preferred outlet for publication of compensation articles. Furthermore, the most referred journals are Industrial and Labor Relations Review and Journal of Human Resources. Of 1,218 articles, 70.85% are multiauthored, 68% apply quantitative approach and 79% are from Euro-American countries.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"66 1","pages":"55 - 76"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83962529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Breaking Down Benefits: Employee Understanding of Benefits and Readability Levels of University Benefits Handbooks","authors":"Evan K. Perrault, Grace M. Hildenbrand","doi":"10.1177/0886368719863532","DOIUrl":"https://doi.org/10.1177/0886368719863532","url":null,"abstract":"Benefits are often cited as one of the most important factors to hiring and retaining employees. One of the key ways employees learn about benefits is through communications provided by their human resources departments. However, little research has been dedicated to how effective employees perceive human resources communication about benefits to be. Universities offer a unique environment to study benefits communication due to employees’ diverse educational backgrounds. Employees’ perceived ease of understanding benefits information was investigated. Guided by a universal precautions approach to health literacy, this study also examined readability levels of benefits handbooks from more than two dozen large U.S. universities. Surprisingly, results revealed that faculty, and those with graduate degrees, had the lowest perceptions that they received easily understandable benefits information from their employer. Additionally, average benefits handbook readability levels are approximately twice the recommended level for a typical adult to adequately comprehend. Suggestions for improving benefits handbooks are discussed.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"6 1","pages":"13 - 26"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87773031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Compensation and Benefits in the University","authors":"P. Bryant","doi":"10.1177/0886368719867486","DOIUrl":"https://doi.org/10.1177/0886368719867486","url":null,"abstract":"","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"35 1","pages":"3 - 4"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78754386","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Has Higher Education Solved the Problem? Examining the Gender Wage Gap of Recent College Graduates Entering the Workplace","authors":"Xueqing Fan, M. Sturman","doi":"10.1177/0886368719856268","DOIUrl":"https://doi.org/10.1177/0886368719856268","url":null,"abstract":"While there has been extensive historical evidence demonstrating the gender wage gap, gains made by women in terms of higher education may be reducing the gap among those recently entering the workforce. Education is a major determinant of wage, and women are often outpacing men now in terms of educational achievement. Thus, the question remains of whether these gains in education have reduced or even eliminated gender wage inequality. This study examines the gender wage difference among new graduates with the same education level using the most recent data from National Longitudinal Survey of Youth, 1997 cohort. Despite the hope that greater representation of women with higher degrees would reduce or eliminate the gender wage gap for new entrants to the labor market, our results show that newly graduated men with an associate, bachelor’s, or master’s degree still earn significantly higher wages than newly graduated women with a same degree. Thus, in what we argue is a highly conservative test for the presence of the gender wage gap, the evidence strongly suggests that the wage gap is a continued and pervasive problem in the modern workplace.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"1 1","pages":"12 - 5"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89826653","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ten Years After: The Development of a University Staff Pay System—Reflections and the Lessons Learned","authors":"Steven L. Thomas, Lyn M. McKenzie","doi":"10.1177/0886368719863521","DOIUrl":"https://doi.org/10.1177/0886368719863521","url":null,"abstract":"This article documents the development and implementation of a new staff pay system for a large, comprehensive, public university. It discusses decisions that were made, alternatives chosen, important process issues and outcomes, as a guide to administrators and human resource staff into what can be expected as new job structures, pay and performance management systems are developed. The authors review program successes and remaining challenges from the perspective of 10 years after system implementation.","PeriodicalId":79838,"journal":{"name":"Compensation and benefits review","volume":"1 1","pages":"27 - 43"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78826793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}