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- W2476068189 abstract "The most recent development in pay theory proposes that pay, when used strategically, is a powerful means through which companies are able to secure competitive advantage. As a management tool, the advocates of what is now standard theory position pay as a lever through which management might enhance company performance and secure competitive advantage by attracting and retaining valued labour, driving effort and performance and encouraging desired behaviours among the broad-based workforce. Economy-wide pay trend data reviewed in Chapter 2 — the literature review — indicates that a significant number of employers have embraced a strategic approach to pay, especially within the private services sector. A review of pay trend data specific to the UK FMCG sector indicates an even greater inclination towards the use of strategic pay systems among companies." @default.
- W2476068189 created "2016-08-23" @default.
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- W2476068189 date "2010-01-01" @default.
- W2476068189 modified "2023-09-27" @default.
- W2476068189 title "Conclusion and Implications" @default.
- W2476068189 doi "https://doi.org/10.1057/9780230298958_10" @default.
- W2476068189 hasPublicationYear "2010" @default.
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