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|English to Polish translations [PRO]|
Marketing / Market Research
|English term or phrase: the wage premium of unionization|
|3.2. Firm determinants (of compensaation)|
This area of compensation research includes the effects of firm practices, firm unionization, and
other firm characteristics on compensation (see Fig. 3). A number of studies have looked at how firm
practices (e.g., high performance work practices, strategic orientation, diversification strategy,
outsourcing, and HR practices) affect wages, incentives, pay dispersion, pay systems, and pay
reductions. The wage premium of unionization has been heavily studied with researchers, including
HR practices, gender and race, and worker displacement as possible mediating and moderating
variables. Other firm characteristics that have been related to wages and pay plans include employee
ownership, firm size, firm size/human capital interaction, profit orientation, information intensity,
ability to pay, predisplacement wage levels, and firm turbulence. Overall, this area of research also
tends to focus on wages and as is the case with environmental determinants, is overwhelmingly
empirical with quantitative analysis.
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