Skip to main content

Executive summary

The full text article is not available for purchase.

The publisher only permits individual articles to be downloaded by subscribers.


The current economic and financial crises ‐ sometimes referred to as the "Great Recession" ‐ have made compellingly clear the need to reduce payroll costs and manage employee compensation more effectively. These imperatives are in fact part of broader initiatives to restructure government so as to reduce costs more generally. Some countries have proceeded to freeze or reduce salaries; others have yet to make that decision. Plans have also been announced to reduce employee benefits ‐ primarily pensions ‐ but the savings from these changes would only be realised over extended periods.

Document Type: Review Article

Publication date: 2012-11-01

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more