The Ethics of Compensation Systems |
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| Authors: | Matt Bloom |
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| Affiliation: | (1) Occupational Health & Safety Agency for Healthcare in BC (OHSAH), 301–1195 West Broadway, Vancouver, BC, V6H 3X5, Canada;(2) Institute for Work & Health, Toronto, ON, Canada;(3) Simon Fraser University, Vancouver, Canada;(4) University of Toronto, Toronto, ON, Canada;(5) University of British Columbia, Vancouver, Canada;(6) University of Lethbridge, Lethbridge, AB, Canada |
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| Abstract: | Compensation systems are an integral part of the relationships organizations establish with their employees. For many years, researchers viewed pay systems as an efficient way to bring market-like labour exchanges inside organizations. This view suggested that only economic considerations matter for understanding how compensation systems effect organizations and their employees. Advances in organizational research, particularly those focused on issues of justice and fairness, suggest that the fully understanding the outcomes of compensation systems requires examining their psychological, social, and moral effects. |
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