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Tendencies on reward practices and employees’ satisfaction level: evidence from portuguese companies

dc.contributor.authorMartins, Dora
dc.contributor.authorSilva, Susana
dc.date.accessioned2017-05-23T10:02:58Z
dc.date.available2017-05-23T10:02:58Z
dc.date.issued2017
dc.description.abstractThe purpose of this research is to characterize the reward practices existing in Portuguese companies through the reward systems developed by these companies. Therefore, it was identified what include systems rewards on Portuguese companies and explored what type of rewards is more valued by employees. Survey data were collected from 146 Portuguese companies representing different sizes and business sectors operating in Portugal and 94 employees from two companies. A quantitative study was conducted to evaluate the hypothesis of the study. The findings show that 1) the rewards based on seniority systems are currently in disuse, unlike rewards systems based on job/position, performance and skills; 2) a combination of monetary and non-monetary rewards are the most valued by companies; 3) there is a predominance of variable compensation in reward systems of the companies as well as mixed incentives (individual and group); 4) there is a predominance of the short-term incentives in the reward system; 5) the annual bonus is the most common incentive; 6) the predominant benefit is the assignment of mobile phone and health insurance; 7) the satisfaction with the rewards system is lower in female employees; 8) the employee’s seniority is not related with the satisfaction of the rewards system; 9) the higher satisfaction with the rewards system is founded in the employees with higher educational qualifications; and 10) the satisfaction with the reward system seems equal in employees with more and less than 45 years of age. Theoretical and practical implications as well as and future research directions are discussed.pt_PT
dc.description.sponsorshipThis work is supported by FEDER through COMPETE 2020 - Operational Program for Competitiveness and Internalization (POCI) and by national fund through FCT – Fundação para a Ciência e a Tecnologia within the support given to the research unit “Governance, Competitiveness and Public Politics” (POCI-01-0145-FEDER-008540)
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.isbn978-0-9860419-7-6
dc.identifier.urihttp://hdl.handle.net/10400.22/9842
dc.language.isoengpt_PT
dc.publisherIBIMA
dc.relationPOCI-01-0145-FEDER-008540
dc.relation.publisherversionhttp://www.ibima.org/AUSTRIA2017/papers/tend.htmlpt_PT
dc.subjectReward systemspt_PT
dc.subjectReward typespt_PT
dc.subjectReward criteriapt_PT
dc.subjectReward satisfactionpt_PT
dc.titleTendencies on reward practices and employees’ satisfaction level: evidence from portuguese companiespt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceVienna, Austriapt_PT
oaire.citation.titleProceedings of 29th IBIMA - International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020: From Regional Development Sustainability to Global Economic Growthpt_PT
person.familyNameMartins
person.familyNamesilva
person.givenNameDora
person.givenNamesusana
person.identifier.ciencia-idB018-8C44-FA4C
person.identifier.ciencia-idA71E-FBE0-F333
person.identifier.orcid0000-0002-2474-5483
person.identifier.orcid0000-0003-4760-7662
person.identifier.ridA-4430-2017
person.identifier.ridE-8423-2017
person.identifier.scopus-author-id56027343000
person.identifier.scopus-author-id57203104518
rcaap.rightsclosedAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublication834d27d6-57a3-40ed-bd06-39bf1719f014
relation.isAuthorOfPublication19ab22db-78fa-4948-b820-434b46de1d9b
relation.isAuthorOfPublication.latestForDiscovery19ab22db-78fa-4948-b820-434b46de1d9b

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