• 제목/요약/키워드: Performance Based Pay

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Group-Performance Based Pay of Publicly Traded Companies and Its Association with Value Added Productivity per Employee

  • Yang, Donghoon
    • 한국컴퓨터정보학회논문지
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    • 제20권7호
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    • pp.85-90
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    • 2015
  • This study surveyed 152 publicly traded companies to investigate group-performance based pay practices and its impacts on labor productivity. Compared a benchmark survey from Department of Labor, those companies show higher introduction rates, especially in small-to-medium sized companies. They also tend to pay profit-sharing bonus more in the form of company stocks and differentiate individual bonuses more by department performance than individual performance. The impact of group-performance based pay on labor productivity is positive and statistically significant. Economic value added per person in those companies adopting group-performance based pay tends to be higher and increases with the coverage of employees under the pay plan. It also reveals that the years after the play adoption are negatively associated with labor productivity.

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

  • 김재구;김동배
    • 노동경제논집
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    • 제34권2호
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    • pp.29-52
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    • 2011
  • 본고는 1990년대 후반 이후 한국기업에 급속히 도입되어 온 연봉제가 실제로 성과에 따른 임금격차를 가져왔는지에 대하여 분석하였다. 노동부 "임금구조기본통계조사" 1996년부터 2006년까지 100인 이상 기업 대졸 사무직에 대한 자료를 활용하였고, 기업내 임금격차 변수로는 개인 속성에 대한 영향을 배제할 수 있도록 임금함수를 추정하고 잔차의 분산을 기업수준의 변수로 활용하여 분석하였다. 분석 결과, 연봉제의 도입은 기업내 임금격차를 확대시키는 것으로 나타났다. 그러나 연봉제 적용 비중과 임금격차 간의 관계는 비선형관계($\bigcap$)임을 시사하는 결과가 나타났다.

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진료과별 재무성과 측정모형 구축 연구 -병원의 의료이익에 영향을 미치는 요소를 중심으로 - (A Study on Establishing Finance Performance Evaluation Model in Each Clinical Department - Factors Influencing Operating Profit of Hospitals -)

  • 이윤태;유기현
    • 한국병원경영학회지
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    • 제4권2호
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    • pp.162-191
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    • 1999
  • This study was conducted to establish finance performance evaluation model for physicians in each clinical department, by using factors which determines financial outcome(performance) in each clinical department The ultimate aim of study is to develop effective performance-based pay system for physicians. The system, by motivating physicians, should increase their productivity. To do so, it is critical to establish finance performance evaluation model to achieve final goal of this study. 232 private hospitals were chosen from 693 hospitals which were subject to hospital survey by the Korea Institute of Health Services Management and their revenue and expense-related data during 1997 were collected. By adopting multiple regression method, the study shows that the evaluation model for each clinical department was statistically significant. The study suggest the effective performance-based pay system based on financial performance of each clinical department. The pay system includes the level of compensation, the way of how to allocate profits to each department, and criteria whether the compensation should provide or not. In conclusion, the study has following implications. First, the study suggest finance performance evaluation model for each clinical department Second, the study suggest guidelines and plans to establish qualitative measure of financial performance in each clinical department. Third, the study suggest that adopting performance-based pay for physicians could be impetus to achieve organizational goal by motivating them with fair compensation.

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교원 성과급 제도에 대한 초등교사와 초등보건교사의 인식과 개선방안 (A Study on the Perception and Improvement Plans of Performance Based Pay System of Elementary School Teachers and Elementary School Health Teachers)

  • 여순영;김윤신;김현숙
    • 한국학교보건학회지
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    • 제24권2호
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    • pp.141-154
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    • 2011
  • Purpose: The purpose is to provide basic information for establishing improvements on performance-based pay's evaluation method of health teachers. Methods: For subjects, 200 teachers at public elementary schools and 200 health teachers at public elementary schools in Gyeonggi-do were conveniently sampled, and then surveyed through a questionnaire. The questionnaire was to recognize recognition of teachers working under the teacher's performance-based pay system, which was quoted in the questionnaire of Choi ji-hye (2005) and Lee mi-gyeong (2008). Inquiry for the recognition of teachers on evaluation of health teacher's performance-based pay system and improvements on the performance-based pay's evaluation method of health teachers were used after consultation with five incumbent health teachers and a review with the thesis director. Results: The performance-based pay's evaluation method of health teachers has the same method with general teachers in schools, so it is not fair to evaluate the performance of health teachers. The ways to improve the performance-based pay evaluation method of health teachers is as follows: first, the approval on improving 'the number of class hours' which is a detailed item of a teacher's performance evaluation criterion to 'the number of health lesson hours per week and the number of students visiting the school infirmary per week'; second, improving 'life guidance' into 'counseling results of medically-treated students, parents of students and personal hygiene guidance'; third, improving 'a teacher in charge' into 'awarding of points by being recognized as a health teacher in charge of all students and considering the economic situation of the region,; forth, improving 'difficulty of position' into 'the number of health-teacher's annual promotion task items and the treatment number of issuing and receiving of official documents', and improving the 'task difficulty' into 'importance and urgency of emergency patient management, risk level and urgency of infectious diseases and avoiding work in charge' appeared to be more than 90% respectively. Conclusion: The performance-based pay system of teachers being carried out every year should be executed by preparing fair evaluation criteria suitable for task properties and the role of health teachers with different evaluation criteria compared to general teachers.

사서교사의 교원 성과급제에 대한 인식과 직무만족과의 관계 (The Relation of the Awareness of Teacher Librarians about the Performance-Based Pay System and Their Job Satisfaction)

  • 이승길;강봉숙
    • 한국도서관정보학회지
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    • 제48권2호
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    • pp.159-186
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    • 2017
  • 본 연구에서는 교원 성과급제에 대한 사서교사의 인식과 직무만족과의 관계를 분석하였다. 전국의 초중고 사서교사를 연구 대상으로 하였으며 참여 인원은 총 371명이다. 연구 결과 사서교사의 등급은 S등급 4.1%, A등급 27.5%, B등급 62.5%, 성과급 제외 5.9%의 비율로 나타났다. 사서교사의 성과급 등급이 높을수록 성과급제에 대한 만족도, 참여도, 평가 기준의 적절성, 평가 절차 및 결과의 공정성 인식이 높게 나타났다. 또한 사서교사의 성과급 등급이 높을수록 직무만족 요소인 업무 관계, 인사 및 승진이 높게 나타났다. 결론적으로 교원 성과급제에 대한 사서교사의 인식이 높을수록 직무만족이 높은 것으로 나타났다. 이를 바탕으로 교원 성과급제에서 사서교사 평가에 대한 개선방안을 제안하였다.

우리나라 병원근로자의 임금체계에 대한 연구 (A study on the pay systems of the workers at hospitals in Korea)

  • 고수경
    • 간호행정학회지
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    • 제5권2호
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    • pp.281-295
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    • 1999
  • The purpose of this study is to provide the basic data for the development of new pay system of hospitals by analyzing the status and problems of current pay system. The pay systems of 20 nationwide hospitals were analyzed and compared with the average pay level in Korea. In addition, the annual trend of pay system was analyzed. Based on this study, the following suggestions can be made. First, the pay levels of hospitals are, in some types of workers, lower than average. Hospitals should take much efforts to improve the payment capability through the effective management. Second, the effort to raise the proportion of basic pay to the total pay and to simplify the pay system on the basis of basic pay rather than the allowance and bonus should be made. Third, the pay system based on the length of service should be revised into the one based on work capability, achievement and performance in case of professional, clerical and managerial jobs. Fourth, the pay system determined depending on the power relationship between the labor unions and the management should be improved into the one, with which workers can feel reliable and satisfied through the revealing of the payment ability and the management improvement.

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보상위원회의 품질과 성과-보상민감도 (Compensation Committee Quality and Managers' Pay-Performance Sensitivity)

  • 최원주
    • 경영과정보연구
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    • 제35권1호
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    • pp.173-188
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    • 2016
  • 이사회 내 주요 위원회 중의 하나인 보상위원회의 도입과 운영은 경영진의 효율적 보상설계에 영향을 미칠 수 있다. 이러한 맥락에서 본 연구에서는 보상위원회의 품질(보상위원회 규모, 보상위원회 구성, 비겸직 위원 수)이 경영진의 유인보상설계(성과-보상 민감도)에 어떠한 영향을 미치는지를 분석하고자 하였다. 2001년부터 2013년까지 상장기업(금융업 제외) 중 보상위원회 도입 기업을 대상으로 경영자 성과-보상 민감도가 보상위원회 품질 수준에 영향을 받는지를 분석하였고 연구결과를 요약하면 다음과 같다. 보상위원회 도입 기업 중 보상위원회 품질을 세 가지로 측정하여 이들이 성과-보상 민감도에 미치는 영향을 분석한 결과, 보상위원회 규모는 성과-보상 민감도에 영향을 미치지 않는 것으로 나타났으나 보상위원회 구성(보상위원회 내 사외이사 비율)과 비겸직 위원 수(보상위원회 구성원 중 타 위원회를 겸직하고 있지 않은 위원의 비율)는 성과-보상 민감도에 양(+)의 영향을 미치는 것으로 분석되었다. 추가적으로 보상위원회 품질을 측정하기 위한 3가지 개별 변수를 요인분석을 통해 요인점수를 추출하여 이들이 성과-보상 민감도에 미치는 영향을 분석한 결과, 요인점수(보상위원회의 품질이 높을수록)가 높을수록 경영진의 보상을 성과와 보다 연관시켜 지급하는 것으로 나타났다. 이상의 결과는 보상위원회의 품질 수준이 높을수록 경영진의 보상을 보다 경영성과에 근거해 지급한다는 것으로, 보상위원회의 품질을 향상시켜 보상위원회가 본연의 역할을 보다 충실히 수행할 수 있게 운영한다면 경영진의 대리문제를 보다 효과적으로 통제할 수 있다는 것을 의미하는 결과라 할 수 있다.

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Public Building Value Evaluation Using Contingent Valuation Method Based on Market Value Estimation

  • PARK, Jieun;YU, Jungho
    • 국제학술발표논문집
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    • The 6th International Conference on Construction Engineering and Project Management
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    • pp.367-370
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    • 2015
  • Building deterioration reflects the degradation of basic building performance including structural performance, energy performance, durability, and safety, and it also includes perceived deterioration, which considers a user-based perspective. More than 50% of the existing buildings in Korea are over 15 years old and public buildings compose 2.5% of all buildings domestically. Therefore, there are several different problems, such as poor energy efficiency, structural performance, and safety. To address the challenges of increasing stock in deteriorated buildings, it is necessary to make decisions about reconstruction or renovation. In this study, we propose a new method to evaluate public building value with a contingent valuation method (CVM). By estimating willing-to-pay (WTP) from users of private buildings in similar situation with the public building, it is possible to compare market prices and calculate a correction factor to adjust the WTP data. Finally, we apply the correction factor to the WTP of a public building and estimate market price, willingness to pay (WTP). Finally, we apply the correction factor to willing to pay (WTP) of public building and estimate market price.

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A STUDY ON THE INTRODUCTION OF THE PAY ADJUSTMENT SYSTEM FOR THE VOLUNTARY ASSURANCE OF QUALITY BY THE CONTRACTORS

  • Byung-Ok Noh;Sang-Beom Lee;Jai-Dong Koo
    • 국제학술발표논문집
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    • The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
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    • pp.521-525
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    • 2011
  • Although the Korean construction industry has risen rapidly, the quality of the buildings is not met with the industry standard compared to the potential of the technology development and the cost of maintenance has been increased. The user's request for quality have been increased, but in the current building construction, the contractors only follow the specifications of design, material and technology, and their main concern is whether they are in right track with the specification or not. Thus, the necessity of developing technology has been ignored and sufficient opportunities for the development have not been provided as well. In the developed countries, in contrast, the quality assurance and the payment regulation system has been utilized for the active response to the changes of users' request. As a result of this, the maintenance cost has been decreased and the development of construction technology has been improved. Therefore the pay adjustment system is needed to create the improvement of the quality of the buildings by the contractors' earnest building construction. In order to introduce the pay adjustment system suitable to the Korean construction industry, this study presented the logical method of adjusting the construction cost and making payment with the pay adjustment index that is created based on the result of the performance test, after making a set of the indicators of the building performance standard and applied them to the targeted building.

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Higher Education, Productivity Revelation and Performance-pay Jobs

  • BAEK, JISUN;PARK, WOORAM
    • KDI Journal of Economic Policy
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    • 제40권4호
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    • pp.65-80
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    • 2018
  • This paper examines the differences between the subsequent careers of high school and college graduate workers based on a direct role of college graduation with regard to the revelation of workers' individual abilities. Using NLSY79, we document a positive relationship between off-the-job training/performance-pay jobs and ability for high school graduates at the early stages of their careers. However, this relationship is less prominent for college graduates. Moreover, we show that high ability is associated with more jobs, which reflects higher job mobility, only for high school graduates. We argue that these patterns are the result of productivity-revealing behavior of high school graduates, whose individual abilities, unlike college graduates, is not observed precisely at the beginning of their careers.