Peer-Reviewed Journal Details
Mandatory Fields
Berber, N., Morley, M.J., Slavić, A. & Poór, J.
2017
May
International Journal Of Human Resource Management
Management Compensation Systems in Central & Eastern Europe: A Comparative Analysis
Published
()
Optional Fields
Compensation; Human Resource Management; Central & Eastern Europe; Managers
28
12
1661
1689
                          

Drawing upon a large scale comparative data-set we explore the preferred approaches to managerial compensation pursued by organizations operating in the Central and Eastern European (CEE) transition economies of Bulgaria, the Czech Republic, Estonia, Lithuania, Hungary, Slovenia, Slovakia and Serbia. In order to generate insights on the state of management compensation and the extent to which these transition economies are characterized by idiosyncratic elements, relative to their Western European counterparts, we compare management compensation practices in these CEE economies (N = 1147) with approaches pursued in more developed western European economies (N = 2698). Overall, our results suggest that organizations in the CEE region share some similarities with their western counterparts, most especially in terms of the individual level of determination of pay for managers. Within the CEE region, we find that financial participation is less common than performance-related pay in the composition of the overall managerial reward package, though there are some variations between countries. National culture does appear significant as a determinant of variations in the preferred approach to management compensation.


10.1080/09585192.2016.1277364
Grant Details