Management of Managers and Workers Reward of Organization with Learning

Subject Areas : Futurology

N.  Feghhi Farahmand ¹ (ندارد)

Received: 2014-12-26 Accepted : 2014-12-26 Published : 2008-06-21

Keywords: Reward, learning models, Human Capital, organizational hierarchical po,

Abstract :

This paper studies the dispersion around the workers expected reward of before and after controlling theorganizational hierarchical positions in cross section data samples. Data collected form 694 managers andworkers of 69 industrial and business organizations, showd that this dispersion decreases with education andwork experience before entering the current job and increases with job tenure. These finding contrasts withprevious researches show a positive association between reward dispersion and education and workexperience. This study explains the new finding through a model of learning that separates from rewarddispersion between jobs and within organizational hierarchical positions jobs. The model takes advantage ofthe information revealed when workers are promoted to their current hierarchical positions and allows formore robust tests of learning theories. This study also contributes to the existing literature through a new twoequation empirical model, one for the level of reward and another for conditional dispersion, in order to testthe theoretical predictions. The paper is organized as follows:Summarize the empirical implications of learning models in studying the determinants of workers' rewardwhen information is available about managers and workers' job positions.Description of the database and methodology and so present the results of the estimation of the empiricalmodel. The discussion of the evidence supporting the basic theory and conclusion with a brief summary ofthe main findings