Deborah Voyt, Ph.D., MBA, PCC
Detroit Metropolitan Area
2K followers
500+ connections
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Leadership today requires more than strategy—it requires heart.
As a Vistage…
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Identifying Total Rewards Systems and Organizational Culture Types Using the Competing Values Framework
ProQuest, UMI Dissertation Publishing
See publicationThis study gathers information about total rewards systems and organizational culture type using Cameron and Quinn’s (2006) Competing Values Framework (CVF) of organizational culture. Previous research has examined organizational culture in the context of company and SHRM performance, but none has examined total rewards systems and culture in the context of the CVF. The research used Cameron and Quinn’s (2006) Organizational Culture Assessment Instrument (OCAI) to assess the culture type of…
This study gathers information about total rewards systems and organizational culture type using Cameron and Quinn’s (2006) Competing Values Framework (CVF) of organizational culture. Previous research has examined organizational culture in the context of company and SHRM performance, but none has examined total rewards systems and culture in the context of the CVF. The research used Cameron and Quinn’s (2006) Organizational Culture Assessment Instrument (OCAI) to assess the culture type of each organization through a web-based study of compensation practitioners located in Southeast Michigan. Thirteen key themes emerged from the data regarding total rewards, what compensation managers think is important, and what needs to be improved. The results were then compared with results from the Scott, McMullen, Sperling, and Bowbin (2007) total rewards qualitative study. Pay-program attributes, pay linked to performance, and alignment were identified in both studies as the most important attribute contributing to the success of total rewards systems. Ten themes were identified from the data regarding how organizations measure success of total rewards. The two most frequent measures of success were employee retention and employee engagement scores with many companies indicating they did not measure success of total rewards. The results from this research add to the SHRM research on total rewards and organizational culture and the fit between total rewards systems and organizational culture. In addition, compensation professionals can use the results to take practical steps to align total rewards systems with culture to improve effectiveness of total rewards programs in key areas.
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Achieving the Right Balance between Global and Local Compensation Design and Administration
UMI Dissertation Publishing
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Seminar Speaker: The New Total Rewards: How to Attract, Retain, and Motivate Employees on a Shoestring Budget
The economy is coming back but pay raises continue to be just above cost-of-living. The average raise in base pay is expected to be 2.9% in 2014, up slightly from 2.8% in 2013. With pay increases flat, what total reward strategies can companies use to attract, retain, and motivate employees?
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Seminar Speaker: THE CRITICAL LINK: GLOBAL TOTAL REWARDS CULTURE, STRATEGY AND YOUR BOTTOM LINE
- Present
Total rewards systems are the primary signal of organizational culture and play a critical role in implementing global business strategy and supporting organizational culture change. Assessing the culture of an organization is considered a key step in developing a successful global total rewards strategy.
Compensation professionals should make the effort to understand organizational culture when designing, implementing, or making changes to global total rewards systems. Failure to…Total rewards systems are the primary signal of organizational culture and play a critical role in implementing global business strategy and supporting organizational culture change. Assessing the culture of an organization is considered a key step in developing a successful global total rewards strategy.
Compensation professionals should make the effort to understand organizational culture when designing, implementing, or making changes to global total rewards systems. Failure to consider organizational culture can result in a global total rewards design that rewards employee behavior inconsistent with the culture leaders want to create and lead to employee attrition and dis-engagement.
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German
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