TITLE

Work stats: Pay doesn't equal performance

PUB. DATE
June 2008
SOURCE
Human Resources (09648380);Jun2008, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article highlights the survey conducted by management consultancy Hay Group on the significance of pay rise to achieving greater business performance in Great Britain. The survey shows that the world's best performing companies pay 5% less on average. In addition, 74% of Most Admired Companies (MAC) employed executives think that reward consists of both the tangible and intangible. Meanwhile, 41% of MAC employees think that their reward program is fair compared to 27% non-MAC employees.
ACCESSION #
32712153

 

Related Articles

  • Hospital CEO Salary Increases Top Other Industries.  // Nursing Economic$;Sep/Oct92, Vol. 10 Issue 5, p372 

    The article presents the information that according to a survey covering 777 acute care hospitals, conducted by Hay Management Consultants in cooperation with June 8, 1992 issue of the journal "Modern Healthcare," the average base salary of hospital chief executive officers (CEOs) has jumped...

  • "Most admired" companies are better at rewards, and it pays.  // Work-Life Newsbrief & Trend Report;Apr2008, p1 

    The article informs that the Hay Group Inc. has found that the journal Fortune's list of world's "most admired" companies do a better job of rewarding employees. The "Most Admired" companies give the best pay increases to employees who are truly deserving. Mel Stark, vice president of Hay Group...

  • TURBULENT TIMES. Burmahl, Beth // Health Facilities Management;Oct2004, Vol. 17 Issue 10, p14 

    Focuses on the impact of the changes in U.S. economic conditions on the pay increases for most health care department heads as specified in the 2004 salary survey conducted by the Hay Group consultants of Philadelphia, Pennsylvania. Decline in the increase rate received by facilities manager in...

  • Chefs demotivieren ihre Mitarbeiter oft.  // Lebensmittel Zeitung;6/7/2013, Issue 23, p050 

    The results of a study conducted by the Hay Group on employee motivation in corporations are discussed.

  • 44% do not feel motivated at work. Paterson, Jennifer // Employee Benefits;10/ 9/2013, p5 

    The article discusses the research conducted by management consultancy Hay Group Holdings Inc., which found that 77% of the employees are proud to work for their employees and 72% are motivated to work in Great Britain.

  • Shortage of talent to drive up increments upto 22% in various sectors, say firms like Hay Group, Mercer, Aon Hewitt.  // FRPT- FMCG Snapshot;2/1/2015, p14 

    The article reports on the salary hikes that tipped to go on an overdrive with increments in excess of 22% in various sectors due to shortage of talent based on the estimates from leading talent and compensation firms Hay Group Holdings Inc., Mercer, and Aon Hewitt in India.

  • Does Your Practice Have Invisible Employees? Levoy, Bob // Podiatry Management;Aug2007, Vol. 26 Issue 6, p255 

    The article discusses ways to appreciate and value employees. The author states that having invisible employees affect the efficiency of an organization. In this regard, it is important that an employer thank employees at the end of the day for a job well done. It will also be helpful if an...

  • HOW DO YOU STACK UP? Burmahl, Beth // Health Facilities Management;Oct2001, Vol. 14 Issue 10, p16 

    Presents the results of a 2001 survey on the annual salary raises received by health facility executives in the United States. Results of the survey conducted by Hay Group consultants; Number of hospitals included in the survey; Departments that received increases; Services that received salary...

  • Thought leader : Leading In An Economic Downturn. Hopkins, Gill // New Zealand Management;Sep2008, Vol. 55 Issue 8, p21 

    The author tackles the ways businesses deal with an economic downturn. He believes that businesses that win in a downturn are the ones that engage with their employees, providing reassurance when necessary and clear direction to all. He cites Hay Group's climate improvement programs that can...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics