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The Compensation Gap between Top Management Team(TMT) and Employee, and Firm Performance : Moderating Role of Promotion Probability and Opportunity, and Satisfaction with TMT (경영진과 종업원 간 보상격차가 기업성과에 미치는 영향 : 승진가능성 및 기회, 경영진에 대한 만족도의 조절효과)

  • Choi, Suk Bong
    • Journal of Korean Society for Quality Management
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    • v.49 no.3
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    • pp.313-326
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    • 2021
  • Purpose: Prior studies have sought to find antecedent to improve firm performance. However, research on compensation systems and employees' psychological mechanisms have been relatively limited. In this sense, this study has investigated the impact of compensation gap between TMT and employees on firm performance, and explored the factors that affect the above relationship. Specifically, this study analyzed the direct impact of compensation gap on firm performance. In addition, the process of compensation gap to firm performance is assumed to be significantly influenced by employees' recognized promotion system and satisfaction with TMT. Therefore, we examined moderating effects of both promotion probability and opportunity, and satisfaction with TMT on the relationship between compensation gap and firm performance. Methods: For empirical test, financial variables were collected from TS-2000 database, and moderating variables were collected form Job Planet for listed firms in Korea. We conducted hierarchical regression analysis to test hypotheses. Results: The findings of empirical analysis are as follows. First, compensation gap between TMT and employees had a positive effect on firm performance. Second, when promotion probability and opportunity was high, the effect of compensation gap on firm performance was strengthened. Third, when satisfaction with TMT was high, the positive effect of compensation gap on firm performance was also strengthened. Conclusion: Our findings have expanded prior research on human resource management and labor relation by identifying the positive role of compensation gap between TMT and employees on firm outcome. Moreover, our results also indicated that promotion probability and opportunity, and satisfaction with TMT, which has not been addressed well in previous studies, were important conditions enhancing the positive relationship between compensation gap and firm performance. Finally, this study suggest several theoretical and managerial implication with future research direction.

Study of Extended Application of Workers' Compensation for Artists: Focus on Workers in Broadcasting and Performing Art (문화 예술인 산재적용확대의 보완에 관한 연구 -방송과 공연예술스텝을 중심으로)

  • Shim, Hee-Chul;Yang, Jeong-Ho;Kim, Hern-Sik
    • The Journal of the Korea Contents Association
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    • v.14 no.3
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    • pp.186-194
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    • 2014
  • The purpose of this paper is to review the meaning of extended application of workers' compensation for artists. This study explains by giving specific two examples. The first case is about broadcasting extra who is permitted to receive compensation from Korea Workers' Compensation & Welfare Service without filing a suit. Whereas, The second case is about musical stage crew who is not permitted to obtain compensation for accident during work. The reason why he could not receive compensation is not because he is regarded as worker, but because he is regarded as individual businessman. Extended application of workers' compensation for artists could be a double-edged sword for workers through two cases. Firstly, Broadcasting extras could become much easier to receive workers' compensation according to precedent. Secondly, It is more difficult to get the workers' compensation by the reason of not applying for workers' compensation admission like the second case, even though the second case of forms of employment is similar to that of the first. In other words, New compensation development could generate another obstacles to enter compensation systems. Extended application of workers' compensation should be operated with covering artists' compensation case by case.

Thermal Compensation Circuit with Improved Compensation Characteristic for Power Amplifier (개선된 보상특성을 갖는 증폭기용 온도보상회로)

  • Jung, Young-Bae
    • Journal of IKEEE
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    • v.16 no.3
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    • pp.177-181
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    • 2012
  • This paper introduces a thermal compensation circuit with improved compensation characteristic for amplifiers to provide stable output power regardless environmental temperature. The proposed thermal compensation circuit is composed of two branchline couplers having two diodes between them. And, the thermistor whose resistance varies significantly with temperature inversely and a operational amplifiers, so called as OP-amp, control the diodes in the compensations circuit to realize more effective thermal compendation characteristic compared with conventional circuit.

Measurement of Compression Temperature in Cylinder by using the Compensation Circuit of Thermocouple (열전대 보상회로에 의한 실린더 내에서의 압축온도 측정)

  • Kwon, Soon-Ik
    • Journal of the Korean Society of Industry Convergence
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    • v.3 no.2
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    • pp.149-154
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    • 2000
  • The purpose of this study is to measure the compression temperature in cylinder by using the fine thermocouple. As for using the thermocouple, it's response time delay should be regarded, even if it is a fine one. So, the output of thermocouple needs some compensation. The compensation circuit, which consists of a differential and an adding circuit is used for the compensate the time lag. And the time constant of the compensation circuit is determined the time between the TDC and the maximum point of the thermocouple output. Using this compensation circuit, the compression temperature is investigated of the cylinder in the diesel engine.

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A Study on the Oil Pollution Compensation System in Korea (우리나라 유류오염보상제도에 관한 고찰)

  • 서동오
    • Journal of the Korean Institute of Navigation
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    • v.17 no.4
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    • pp.73-87
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    • 1993
  • As a result of accepting the '71 FUND Convention and enforcing the Oil Pollution Compensation Act 1992, we observed some benefits and costa. This paper analyses those benefits and costs and suggests se-veral key policy recommendations for the estasblishment of an effective oil pollution compensation regime in Korea. This paper identifies the said benefits and costs as follows : First, by establishing the oil pollu-tion compensation system as same as the international level, most of small and medium size of oil pollution damage which are caused by coastal tankers will be compensated by FUND. Second, most of oil pollution damage which are not covered by '69 CLC will be compensated by FUND. Third, some parts of FUND Contribution Fee and CRISTAL Contribution Fee to be charged by major oil companies will be doubled. However the limit of international oil pollution compensation system and the loophole outside the Oil Pol-lution Compensation Act 1992 suggest followings : 1) Radical risk management and insurance manage-ment of ocean going tanker owners, 2) Establishment of oil pollution claim settlement system, 3) Enforce-ment of crew and ship management for coastal tanker and 4) Establishment of Korean P & I Club.

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Compensation On-line of Errors Caused by Rotor Centrifugal Deformation for a Magnetically Suspended Sensitive Gyroscope

  • Xin, Chao-Jun;Cai, Yuan-Wen;Ren, Yuan;Fan, Ya-Hong
    • Journal of Electrical Engineering and Technology
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    • v.13 no.2
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    • pp.1030-1041
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    • 2018
  • The aim of this paper is to design a centrifugal deformation error compensation method with guaranteed performance that allows angular velocity measurement of the magnetically suspended sensitive gyroscopes (MSSGs). The angular velocity measurement principle and the structure of the MSSG are described, and the analytical model of errors caused by MSSG rotor centrifugal deformation is established. Then, an on-line rotor centrifugal deformation error compensation method based on measurement of rotor spinning speed in real-time has been designed. The common issues caused by centrifugal deformation of spinning rotors can be effectively resolved by the proposed method. Comparative experimental results before and after compensation demonstrate the validity and superiority of the error compensation method.

The Susceptance Control of a STATCOM for Load Compensation and Voltage Regulation (부하보상 및 전압안정을 위한 STATCOM의 서셉턴스 제어)

  • Lim, Su-Saeng;Lee, Eun-Woong;Lim, Yong-Bin;Kim, Hong-Kweon
    • Proceedings of the KIEE Conference
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    • 1999.07a
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    • pp.21-23
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    • 1999
  • The alternative precise method for voltage balancing and load compensation using the susceptances control of a STATCOM is discussed. With the control of STATCOM's output current, it is confirmed that the compensation susceptances can be variable. And then the STATCOM's control method about compensation susceptances for load compensation and voltage balancing/regulation is derived. Finally, the effectiveness of load compensation and voltage balancing/regulation is confirmed through computer simulation.

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Flow Force Compensation by Stepped Spool Valve (계단형상에 의한 스풀밸브의 유동력 보상)

  • 신원규;최현영;신효필;문의준
    • Journal of the Korean Society for Precision Engineering
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    • v.20 no.6
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    • pp.145-150
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    • 2003
  • This paper is on the study of flow force compensation for spool type valves. A simple method for flow force compensation using a stepped spool is presented in this paper. It is easy to manufacture the stepped spool of the presented method because the shape of it is simple. The method has another merit that the size of valve need not be increased. Actuating force required for driving the spool can be decreased through the compensation of flow force. The effect of presented method is predicted through CFD analysis. The results of the CFD analysis are also utilized for the optimization of step shape. The prototypes of flow force compensated Direct Drive Servo-Valve are manufactured, and the measurements of flow force are carried out. The measured effect of flow force compensation is very similar to that from the CFD analysis.

Selection, Optimization, and Compensation(SOC) as Strategies of life Management in Mid-life Crisis (선택.최적화.보상 책략과 중년기 위기감과의 관계)

  • 엄세진;정옥분
    • Journal of the Korean Home Economics Association
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    • v.39 no.11
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    • pp.43-62
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    • 2001
  • This study investigated the relationships among Selection, Optimization, and Compensation(SOC) as strategies of life management in mid-life crisis respect to gender and age. The subjects of this study were 170 females and 182 males at the ages between 40 and 60 living in Seoul. Selection, Optimization, and Compensation(SOC) as strategies of life management were assessed by SOC-questionnaire while mid-life crisis was assessed by Mid-Life Crisis Scale. The data were analyzed using frequencies, percentiles, means, standard deviations, Cronbach's $\alpha$, two-way ANOVAS, and Pearson's correlations. Except compensation there was no significant difference in Selection and Optimization as strategies of life management as a function of gender and age. No signigicant difference was found in mid-life crisis as a function of gender and age. There were significant negative correlations among Selection, Optimization, and Compensation(SOC) as strategies of life management and mid-life crisis except the individuation.

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Design of the Resonant Converter with a Double Sided LCC Compensation Circuit for Wireless Charger. (양면 LCC 보상 회로를 가진 무선 전력 충전기용 공진 컨버터의 설계)

  • Vu, Van-Binh;Tran, Duc-Hung;Choi, Woojin
    • Proceedings of the KIPE Conference
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    • 2015.07a
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    • pp.321-322
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    • 2015
  • The aim of this paper is to propose a design method for the double-sided LCC compensation circuit for 6.6kW electric vehicle (EVs) wireless charger. The analysis and comparison with several compensation topologies such as SS, SP, PS, PP and the hybrid LCC compensation is presented. It has been found that the hybrid LCC compensation has superior performance in comparison with other topologies. The design procedure for the EV charger is presented and the PSIM simulation results are provided.

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