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Risk, representation and the new pay

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Abstract:

Considers the ethics of the "new pay", a prescriptive model of pay management which has exercised increasing influence over reward practice in recent years. Makes two primary criticisms of the new pay - that it seeks to impose excessive risk on employees and that it affords little scope for involvement of employee representatives in the selection, design and operation of reward systems.

Keywords: Employees; Ethics; Pay; Rewards; Risk

Document Type: Research Article

DOI: http://dx.doi.org/10.1108/00483489610148536

Publication date: December 1, 1996

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