Pay and Organizational Effectiveness: Empirical Evidence and Implications for Management Consultants.

The Role of Organizational Justice in Pay and Employee Benefit Satisfaction, and its Effects on Work Attitudes

“…Justice perceptions with regard to pay have consequences on other elements in the work relationship. A sense of pay equity can increase employment and job satisfaction (Ago, Mueller, & Price, 1993;Berg, 1991;Covin, Kolenko, Sightler, & Tudor, 1993;Moorman, 1991;Summers & Hendrix, 1991;Sweeney & McFarlin, 1997;Witt & Nye, 1992) and satisfaction with the organization (Alexander & Ruderman, 1987;Ronen, 1986).…”

“…However, relatively few studies have examined this question. Their findings have shown that pay satisfaction can affect the desire to join a union (Weiner, 1980), employment and job satisfaction (Covin et al, 1993;Ried & McGhan, 1987;Summers & Hendrix, 1991;Tremblay & Roussel, in press), satisfaction with the organization and with supervision (Covin et al, 1993;Tremblay & Roussel, in press), absenteeism (Covin et al, 1993;Weiner, 1980), staff turnover (Covin et al, 1993), and extra-and intrarole behavior (Covin et al, 1993;Lee, 1995).…”

“…The influence of employee benefit satisfaction has generated even less research. The study done by Covin et al (1993) suggests that benefit satisfaction can have a favorable influence over a range of workplace attitudes and behavior. Carraher et al (1992) have studied the effect of employee benefit satisfaction on workplace behavior.…”

The Importance of Stable Income Sources in Retirement: An Exploratory Study

“…This worry is likely to carry over to current work attitudes, affecting employees' job satisfaction, organizational commitment, intention to leave an organization, and job performance. As a pension plan is a primary component of most employee benefit and compensation strategies, managers should be cognizant of the impact of benefit plan perceptions on employee attitudes and behaviors, as research has indicated that dissatisfaction with benefits affects employee citizenship behaviors (Lambert, 2000), intention to leave (Lane, 1993), job satisfaction (Williams, Malos, & Palmer, 2002), and a wide range of workplace attitudes and behaviors (Covin, 1993). As a result, shifting from DB's to DC's may result in substantial loss of productivity.…”

“…Williams, Malos, and Palmer (2002) found that job satisfaction was a result of satisfaction with employee benefits. Similarly, Covin et al (1993) concluded that benefit satisfaction had a favorable influence over a wide range of workplace attitudes and behaviors.…”