Matches in SemOpenAlex for { <https://semopenalex.org/work/W2003036639> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W2003036639 endingPage "228" @default.
- W2003036639 startingPage "216" @default.
- W2003036639 abstract "It seems reasonable to expect that a company's reward systems would recognize the importance of the new product function. It also seems reasonable that those systems should take into account the importance of cross-functional teams. Unfortunately, current reality does not meet those reasonable expectations. Laurence P. Feldman presents the results of a 1994 PDMA membership survey on the compensation of new product professionals. This study updates and extends the information collected in his 1990 PDMA survey, and thus meets four objectives: tracking changes in compensation levels since the 1990 survey; assessing the effects of various factors on compensation; examining the structure of non-salary financial incentives; and obtaining information on the extent and types of nonfinancial incentives used with cross-functional teams. The survey results indicate that compensation of new product professionals increased by 9.6% between 1989 and 1993. This compares unfavorably with a Labor Department benchmark of 14.7%. Survey findings indicate that the compensation of technical or scientific people does not differ significantly from that of marketing personnel. A firm's industry classification has a greater influence on compensation level than does a person's role in the new products process. Even more important are such factors as number of people supervised, length of time with the firm, and education level. Respondents indicate that performance-based financial incentives play a minor role in overall compensation. Such incentives gain importance as you move up the ranks of the organization, accounting for slightly more than 20% of total compensation at the vice presidential level. Despite the benefits of using cross-functional teams, compensation programs typically do not reward team efforts. Less than 20% of the respondents who served on such teams reported that any portion of their compensation was directly attributable to their team effort. In most cases, the new product professional's performance is evaluated by a functional manager rather than the team leader or project leader. In place of financial rewards for contributions to a team effort, companies often use nonfinancial rewards such as plaques, hoping to minimize the effect of possible errors in judging performance." @default.
- W2003036639 created "2016-06-24" @default.
- W2003036639 creator A5008721013 @default.
- W2003036639 date "1996-05-01" @default.
- W2003036639 modified "2023-09-27" @default.
- W2003036639 title "The role of salary and incentives in the new product function" @default.
- W2003036639 cites W1976684112 @default.
- W2003036639 cites W2009688955 @default.
- W2003036639 cites W2033296009 @default.
- W2003036639 cites W2076910414 @default.
- W2003036639 cites W2091319360 @default.
- W2003036639 cites W2121119613 @default.
- W2003036639 cites W2312441113 @default.
- W2003036639 cites W3153961717 @default.
- W2003036639 cites W577673399 @default.
- W2003036639 doi "https://doi.org/10.1016/0737-6782(96)00028-8" @default.
- W2003036639 hasPublicationYear "1996" @default.
- W2003036639 type Work @default.
- W2003036639 sameAs 2003036639 @default.
- W2003036639 citedByCount "11" @default.
- W2003036639 countsByYear W20030366392013 @default.
- W2003036639 countsByYear W20030366392014 @default.
- W2003036639 crossrefType "journal-article" @default.
- W2003036639 hasAuthorship W2003036639A5008721013 @default.
- W2003036639 hasConcept C11171543 @default.
- W2003036639 hasConcept C13280743 @default.
- W2003036639 hasConcept C14036430 @default.
- W2003036639 hasConcept C144133560 @default.
- W2003036639 hasConcept C15744967 @default.
- W2003036639 hasConcept C162324750 @default.
- W2003036639 hasConcept C162853370 @default.
- W2003036639 hasConcept C175444787 @default.
- W2003036639 hasConcept C185798385 @default.
- W2003036639 hasConcept C205649164 @default.
- W2003036639 hasConcept C2524010 @default.
- W2003036639 hasConcept C2780023022 @default.
- W2003036639 hasConcept C2780090960 @default.
- W2003036639 hasConcept C29122968 @default.
- W2003036639 hasConcept C33923547 @default.
- W2003036639 hasConcept C34447519 @default.
- W2003036639 hasConcept C78458016 @default.
- W2003036639 hasConcept C86803240 @default.
- W2003036639 hasConcept C90673727 @default.
- W2003036639 hasConceptScore W2003036639C11171543 @default.
- W2003036639 hasConceptScore W2003036639C13280743 @default.
- W2003036639 hasConceptScore W2003036639C14036430 @default.
- W2003036639 hasConceptScore W2003036639C144133560 @default.
- W2003036639 hasConceptScore W2003036639C15744967 @default.
- W2003036639 hasConceptScore W2003036639C162324750 @default.
- W2003036639 hasConceptScore W2003036639C162853370 @default.
- W2003036639 hasConceptScore W2003036639C175444787 @default.
- W2003036639 hasConceptScore W2003036639C185798385 @default.
- W2003036639 hasConceptScore W2003036639C205649164 @default.
- W2003036639 hasConceptScore W2003036639C2524010 @default.
- W2003036639 hasConceptScore W2003036639C2780023022 @default.
- W2003036639 hasConceptScore W2003036639C2780090960 @default.
- W2003036639 hasConceptScore W2003036639C29122968 @default.
- W2003036639 hasConceptScore W2003036639C33923547 @default.
- W2003036639 hasConceptScore W2003036639C34447519 @default.
- W2003036639 hasConceptScore W2003036639C78458016 @default.
- W2003036639 hasConceptScore W2003036639C86803240 @default.
- W2003036639 hasConceptScore W2003036639C90673727 @default.
- W2003036639 hasIssue "3" @default.
- W2003036639 hasLocation W20030366391 @default.
- W2003036639 hasOpenAccess W2003036639 @default.
- W2003036639 hasPrimaryLocation W20030366391 @default.
- W2003036639 hasRelatedWork W1557905425 @default.
- W2003036639 hasRelatedWork W2011451946 @default.
- W2003036639 hasRelatedWork W2017874525 @default.
- W2003036639 hasRelatedWork W2019779569 @default.
- W2003036639 hasRelatedWork W2320295393 @default.
- W2003036639 hasRelatedWork W2349446774 @default.
- W2003036639 hasRelatedWork W2384456763 @default.
- W2003036639 hasRelatedWork W2389660825 @default.
- W2003036639 hasRelatedWork W2589212018 @default.
- W2003036639 hasRelatedWork W2965924162 @default.
- W2003036639 hasVolume "13" @default.
- W2003036639 isParatext "false" @default.
- W2003036639 isRetracted "false" @default.
- W2003036639 magId "2003036639" @default.
- W2003036639 workType "article" @default.