Purpose –This paper analyzes the valuation of stock options from the perspective of an employee exhibiting preferences as described by Cumulative Prospect theory (CPT). In addition, it elaborates on their incentives effect and some implications in terms of design aspects. Design/methodology/approach – The paper draws on the CPT framework to derive a continuous time model of the stock option sub...

This study aims to determine how big the influence of Career Development and Training on Employee Performance through Compensation as an Intervening Variable at PT. Nagar Bank. The method used is Structural Equation Modeling (SEM) with Partial Least Square (PLS) 3.0, a total 310 respondents. results data analysis concluded, there was significant effect variables Compensation. There variable var...

Labour unrest in the form of strike actions in both public and private corporate organizations underscore the importance employees attach to the issue of compensation. As a result, the human resource functions of many corporate organizations are challenged to develop and implement effective compensation schemes which will lead to the achievement of organizational goals. This study sought to exa...

Costs for retiree medical benefits are spiraling upward. One way to help fund this area of compensation, with little or no additional financial burden to either employers or employees, could be using an employee benefit plan whereby each year's unused vacation days and sick days are transferred into an employee's tax-free account in a voluntary employee benefit association (VEBA) trust. On reti...

This study aims to examine the effect of performance appraisal on job satisfaction through career development and compensation as intervening variables. The was conducted 91 permanent employees Bank BJB who worked in Regional Offices Banten IV had for at least 3 years using purposive sampling technique. Data analysis SEM-PLS method. results showed 1) Performance has a positive significant satis...

Abstract The soaring compensation levels of chief executive officers (CEOs) have spurred an intense debate about its outcomes. This paper examines understudied outcome in this regard: employee engagement. Using a dynamic panel model with data from 336 publicly listed firms across 26 countries, we find that engagement is generally unaffected by CEO (over)compensation. However, negative effects e...

Compensation is a key element of the employment relationship and, in addition to being the single greatest operating cost for many organizations, it has been advocated by some recently as a tool for enhancing organizational performance and sustained competitiveness. Contemporary approaches to compensation emphasize the importance of aligning employee behaviors to the strategic direction of the ...