Total Rewards Model in Romanian Companies Cover Image

Total Rewards Model in Romanian Companies
Total Rewards Model in Romanian Companies

Author(s): Elena-Sabina Hodor
Subject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: WorldatWork Total Rewards Model; Matching in Accounting; Consulting Companies; Panel data collection

Summary/Abstract: Total Rewards Management is a subject of major importance for companies, because, by using models for this, firms can achieve their objectives of high performance. In order to analyse a validated total rewards model in Romanian Accounting and Consulting Companies, it is used The WorldatWork Total Rewards Model, which depicts what contributes to applicant’s attraction and employee’s motivation and retention. Thus, the methodology of the previous survey is adjusted to the local context. The conclusions for the methodological aspects illustrate that the present research involves three strategic steps in order to achieve the objectives presented: the analysis of organizational environment of the companies from the sample,checking if the Total Rewards Model proposed in the previous research is applicable for the same romanian companies from the previous survey, the analysis of the differences between results, and, if necessary, the adaptation of the model for Romania.

  • Issue Year: II/2014
  • Issue No: 03
  • Page Range: 232-238
  • Page Count: 7
  • Language: English