Compensation strategy: Does business strategy influence compensation in high-technology firms?

被引:54
|
作者
Yanadori, Yoshio
Marler, Janet H.
机构
[1] Univ British Columbia, Sauder Sch Business, Vancouver, BC V6T 1Z2, Canada
[2] SUNY Albany, Univ Albany, Sch Business, Albany, NY 12222 USA
关键词
compensation strategy; high-technology firms; strategic employee group;
D O I
10.1002/smj.521
中图分类号
F [经济];
学科分类号
02 ;
摘要
Drawing on the strategic employee group concept, this study empirically examines whether a firm's innovation strategy influences compensation systems for strategic employee groups in the high-technology industry. We focus on compensation packages for R&D employees who play a critical role in successful implementations of innovation strategy. Using compensation data for middle-level managers and professional employees from 237 firms in the high-technology industry, we found that a firm's strategic intention to pursue innovation has a significant influence on the relative pay level, compensation time horizon, and stock option vesting period lengths of this strategic employee group. Copyright (c) 2006 John Wiley & Sons, Ltd.
引用
收藏
页码:559 / 570
页数:12
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