Compensation and performance: A review and recommendations for the future

In this paper, we undertake two primary tasks. First, we describe trends in pay → performance research since 1990. Examining 30+ years allows us to capture the evolution of thinking and methodology over time. For this purpose, we focus on scholarly work appearing in Personnel Psychology (PP), as wel...

Full description

Saved in:
Bibliographic Details
Published inPersonnel psychology Vol. 76; no. 2; pp. 687 - 718
Main Authors Fulmer, Ingrid Smithey, Gerhart, Barry, Kim, Ji Hyun
Format Journal Article
LanguageEnglish
Published Durham Blackwell Publishing Ltd 01.06.2023
Subjects
compensation
pay‐for‐performance
Online AccessGet full text

Cover

More Information
Summary:In this paper, we undertake two primary tasks. First, we describe trends in pay → performance research since 1990. Examining 30+ years allows us to capture the evolution of thinking and methodology over time. For this purpose, we focus on scholarly work appearing in Personnel Psychology (PP), as well as in the Journal of Applied Psychology (JAP) and Academy of Management Journal (AMJ). As our second task, we go beyond analysis of broad trends, to take a deeper and more substantive dive into the specific topic of pay for performance (PFP) and related areas (pay dispersion, pay communication/transparency), while at the same time drawing on the broader literature on PFP that goes beyond the three journals listed above. We also discuss pay equity, endogeneity, and international issues. Finally, we suggest practical implications, as well as future research directions.
ISSN:0031-5826
1744-6570
DOI:10.1111/peps.12583