CONYON, Martin
Performance pay and corporate structure in UK Firms - 2001
This paper documents the incidence of modern pay practices in UK companies. In particular we show that share-based compensation shemes have grown in popularity and are now in operation in half our simple of companies. The results also reveal three quarters of companies operating individual performance related pay schemes and a large growth in the incidence of skill and team-based pay. We combine this analysis with results showing that, despite some theoretical reasons for thinking otherwise, large firms are more likely to adopt these modern pay practices, and show that such adoption is also linked with significant organisational design change through delayering
Pay Practices
Share-based Compensation
Organisational Design
Performance pay and corporate structure in UK Firms - 2001
This paper documents the incidence of modern pay practices in UK companies. In particular we show that share-based compensation shemes have grown in popularity and are now in operation in half our simple of companies. The results also reveal three quarters of companies operating individual performance related pay schemes and a large growth in the incidence of skill and team-based pay. We combine this analysis with results showing that, despite some theoretical reasons for thinking otherwise, large firms are more likely to adopt these modern pay practices, and show that such adoption is also linked with significant organisational design change through delayering
Pay Practices
Share-based Compensation
Organisational Design
