eBooks - Politics & Government - Economics - Linda M. Herkenhoff - National Remuneration (Pay) Preferences: Cultural Analysis within the Hofstede Model Using Cultural Values to Untangle the Web of Global Pay
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| Remuneration may be viewed as more than merely a cost in doing business. It may be used as a motivational tool to help achieve a multitude of strategic goals. Within the global context, effective use of this tool requires addressing not only motivational factors but also cultural factors. In this thesis, factors are considered within a multinational corporate framework and within a Cultural Remuneration Model. The model defines corporate culture, professional culture, national culture and individual characteristics as factors influencing employee values associated with remuneration preferences. The theoretical development of the model required a statistically significant multinational sample. To achieve this, data was collected in 17 countries from one multinational corporation within the chemical/oil industry. All 861 respondents were non-management, and performed technical functions. This sample selection reduced any variance associated with corporate or professional cultures. Empirical results were determined from the respondents through use of surveys. Two surveys were conducted, three months apart. National culture was operationalised within the framework of the five Hofstede cultural indices: power distance, long-term orientation, uncertainty avoidance, individualism and masculinity. Remuneration was operationalised using several theoretically substantiated constructs developed for this study. The survey results were analysed at both the country (ecological) and the individual employee levels. Analysis was completed using multilevel modeling of both country and employee level effects. At the ecological level, data means were calculated to establish a relationship between the national culture mean and remuneration preference mean on a country-by-country basis. These results were analysed using Spearman Rank Order Correlation statistics. At the individual level, analysis was completed using structural equation modeling. Random coefficient multile... |
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eBooks - Titles - Authors - Politics & Government - Economics - Linda M. Herkenhoff - National Remuneration (Pay) Preferences: Cultural Analysis within the Hofstede Model Using Cultural Values to Untangle the Web of Global Pay