• Title/Summary/Keyword: Pay Dispersion

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Performance Based Pay and Pay Dispersion within Firm: The Korean case (한국기업의 연봉제가 기업내 임금격차에 미치는 영향에 대한 연구)

  • Kim, Jae Gu;Kim, Dong-Bae
    • Journal of Labour Economics
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    • v.34 no.2
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    • pp.29-52
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    • 2011
  • Using occupational wage structure survey(1996-2006) by Korean ministry of employment and labor, we explored the effect of performance based pay on the pay dispersion within firm. Pay dispersion is defined as the within-firm variance of wage residuals after controlling the individual characteristics in the labor market. The results show that introduction of performance-based pay system increases the level of pay dispersion significantly. However, The relationship of employees' ratio who receive performance-based pay and the level of pay dispersion is an inverted U-shaped($\bigcap$).

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The Feasible Linkage between Pay Dispersion and Job Performance in the Case of U.S. Retail Sales Workers

  • KANG, Eungoo;HWANG, Hee-Joong
    • Journal of Distribution Science
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    • v.20 no.4
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    • pp.111-119
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    • 2022
  • Purpose: This study seeks to address the omission through examining the manner in which demographic similarity affects the responses of employees in the retail sector towards horizontal pay dispersion. Through doing so the study will be effective in bolstering the recent efforts of more careful exploration of conditions. Research design, data, and methodology: Scant past studies are available to guide for practitioners in retail sector which compensation strategy might lead adequate job performance for retail sales workers. To suggest possible solution, the present authors used variables of pay dispersion and obtained 317 US retail sale workers in distribution channels to measure the association between pay dispersion and employee job performance. Results: The statistical findings indicated both first and second hypothesis could be acceptable with favorable Beta and T values, resulting high degree of pay dispersion leads a low level of job performance, while a low degree of pay dispersion can motivate retail sales workers to improve their performance. Conclusions: The findings of this study raises an argument that processes of social comparison work in a more vigorous manner. This is thus a representation of the propensity of a retail sales worker to voluntarily resign from an organization when dispersion rates are higher.

The Effects of the Tournament Inflow and Outflow on the Relationship between Pay Dispersion and Organizational Performance (보상 격차와 조직성과 간 관계에 있어 토너먼트 내 인력 유입과 유출이 미치는 효과)

  • Park, Ji Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.11
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    • pp.409-415
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    • 2017
  • This study examines the effect of pay dispersion on labor productivity by focusing on the inflow of newcomers into the tournament and the outflow of stayers from the tournament. According to tournament theory, the expansion of pay dispersion within the organization contributes to enhanced organizational performance by attracting high performers externally and by removing low performers internally within the organization. However, previous studies regarding tournament theory have overlooked the participant aspects. Therefore, this study explores how external hiring and involuntary turnover influence the effect of pay dispersion on labor productivity. This paper hypothesizes that pay dispersion will have a positive effect on labor productivity. Moreover, this paper predicts that the inflow of new competitors will strengthen the positive effects of pay dispersion on labor productivity, whereas the outflow of incumbents will weaken this relationship. Empirical results showed that pay dispersion increased labor productivity and the inflow of newcomers strengthened this positive relationship. However, contrary to our prediction, the outflow of incumbents weakened the positive effect between pay dispersion and labor productivity. These theoretical arguments and empirical findings highlight the proper conditions should be equipped to practically achieve the positive effect of pay dispersion on labor productivity.

The Effects of Compensation and Pay Dispersion on Organizational Productivity and Performance: The Case of Korean Professional Basketball Teams (한국프로농구 기업의 임금수준과 임금격차가 구성원의 생산성과 조직성과에 미치는 영향: 한국프로농구를 중심으로)

  • PHILSOO KIM;TAE SUNG JEONG;SANG HYUN LEE
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.2
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    • pp.127-139
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    • 2023
  • Compensation and pay dispersion has been rigorously scrutinized to investigate their impacts on productivity and organizational performance. However, it is difficult to find a systematic study on the systematic dynamics of compensation and pay dispersion effects specifically in the context of Korean venture companies. Venture companies should manage their organizational resources efficiently to maximize their organizational performance through pay structure by efficiently managing the inherent resources. However, we acknowledge that empirical studies on how compensation and pay dispersion affect organizational productivity and performance are rare to find in the Korean context. To overcome this supplement limitation, this study hypothesized that (1) pay and members' productivity are positively related, (2) pay dispersion and organizational productivity have U shaped relationship, and (3) organizational productivity mediates the positive relationship between compensation and organizational performance. Venture companies and professional sports teams share manifold common characteristics such as size, financial circumstances, and operational objectives. We collect 9 seasons (2013~2014 - 2021~2022) of 10 teams' data of Korean Basketball League teams to test our hypotheses. Methodologically, the assessment of our analysis is rendered with PROCESS macro model 58. The statistical results showed that all hypotheses are statistically supported. This study explains how compensation and pay dispersion affect organizational productivity and performance of venture companies in Korea.

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Wave dispersion characteristics of porous graphene platelet-reinforced composite shells

  • Ebrahimi, Farzad;Seyfi, Ali;Dabbagh, Ali;Tornabene, Francesco
    • Structural Engineering and Mechanics
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    • v.71 no.1
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    • pp.99-107
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    • 2019
  • Wave propagation analysis of a porous graphene platelet reinforced (GPLR) nanocomposite shell is investigated for the first time. The homogenization of the utilized material is procured by extending the Halpin-Tsai relations for the porous nanocomposite. Both symmetric and asymmetric porosity distributions are regarded in this analysis. The equations of the shell's motion are derived according to Hamilton's principle coupled with the kinematic relations of the first-order shear deformation theory of the shells. The obtained governing equations are considered to be solved via an analytical solution which includes two longitudinal and circumferential wave numbers. The accuracy of the presented formulations is examined by comparing the results of this method with those reported by former authors. The simulations reveal a stiffness decrease in the cases which porosity influences are regarded. Also, one must pay attention to the effects of longitudinal wave number on the wave dispersion curves of the nanocomposite structure.

A Study on the Installation Planing of Sanitary Ware (남성용 소변기 설치계획에 관한 연구)

  • 이용의
    • Korean Institute of Interior Design Journal
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    • no.18
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    • pp.3-8
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    • 1999
  • In accordance with the growing up to a fine-built national physique on national economic rapid growth, It should be made a partial amendment on the Installation planing of sanitary ware. If users who regard have no problem as using facilities in a unisex toilet, It'll be not only falling down the separation of toilet booth with substantial sanitary problems step by step as follow. 1. The urinal should be pay due regard to such a shape which intercepts stream before the point of dispersion and variations in splash effects according to angles between stream and contact urinal surface with deferent of age and health of users 2. Urinal should be fit for the perineum height of male and so It could be install differently according to the Anatomical Percentile of users.

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Trade Union and Wage Structure (노동조합과 임금구조)

  • Ryoo, Jaewoo
    • Journal of Labour Economics
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    • v.30 no.1
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    • pp.31-53
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    • 2007
  • This paper, using the sample of male workers in manufacturing industry from the HCCP (Human Capital Corporate Panel) data, analyzes the effects of trade union on the level and dispersion of wages. One of the advantages of the HCCP data is that it enables a researcher to control the effect of individual firm's 'ability to pay' on wage. All relevant variables controlled, the union effect is estimated to be 5-8%. Yet this figure seriously underestimates the wage advantage enjoyed by union workers, because union sets the "price" for experience low and the price for tenure high and at the same time extends tenure of workers by adopting strong employment protection policy. The paper also analyzes the effects of union on the wage inequality. The results are mixed: overall wage inequality is smaller in union sector while standard deviation is larger when all the personal characteristics are controlled.

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Dispersion Characteristics of Odorous Elements from Nambu Wastewater Treatment Plant and a Nearby Streams in Busan (부산시 남부하수처리시설과 인근 하천에서 발생하는 악취물질 확산 특성)

  • Mun, Seong-Man;Lee, Hyung-Don;Cho, Sang-Won;Kang, Dong-Hyo;Park, Hae-Sik;Oh, Kwang-Joong
    • Journal of Environmental Science International
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    • v.20 no.8
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    • pp.953-962
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    • 2011
  • The covered stream of cities are considered an odor source. Also, the public do not want a wastewater treatment plant(WWTP) near their properties due to the emission of odor emanating from such sources, although they play an important role in urban development. The purpose of this study is to analyze the pattern distribution of the odorous compounds from the Nambu WWTP and Youngho stream in Busan. odor sampled four times were analyzed by instrumental analysis method and indirect olfactory method. The kinds of offensive odorous compounds examined are acetaldehyde, propion aldehyde, hydrogen sulfide, methyl mercaptan, dimethyl sulfide and ammonia. Also, Concentration of air pollutants has been calculated by ISCST3 models. At the result of this study, The Nambu WWTP releases sulfur compounds. And the major odorous were hydrogen sulfide (1,475 ppb) and acetaldehyde (95 ppb) at Youngho stream. The stink which residents feel will point out the Nambu WWTP mainly if the odor is removed with the improvement of a Youngho stream. Accordingly, we should pay more attention to appropriate components to processes in odor reducing plan at Nambu WWTP.