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THE IMPORTANCE OF PAY IN EMPLOYEE

THE IMPORTANCE OF PAY IN EMPLOYEE
MOTIVATION: DISCREPANCIES BETWEEN
WHAT PEOPLE SAY AND WHAT THEY DO

Sara L. Rynes, Barry Gerhart, and Kathleen A. Minette

A majority of human resources professionals appear to believe that employees are likely to over-
report the importance of pay in employee surveys. However, research suggests the opposite is ac-
tually true. We review evidence showing the discrepancies between what people say and do with
respect to pay. We then discuss why pay is likely to be such an important general motivator, as
well as a variety of reasons why managers might underestimate its importance. We note that pay
is not equally important in all situations or to all individuals, and identify circumstances under
which pay is likely to be more (or less) important to employees. We close with recommendations
for implementing research findings with respect to pay and suggestions for evaluating pay sys-
tems. © 2004 Wiley Periodicals, Inc.
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THE IMPORTANCE OF PAY IN EMPLOYEE MOTIVATION: DISCREPANCIES BETWEEN WHAT PEOPLE SAY AND WHAT THEY DO Sara l. Rynes, Barry Gerhart, and Kathleen a. Minette A majority of human resources professionals appear to believe that employees are likely to over- report the importance of pay in employee surveys. However, the research suggests the opposite is ac- tually true. We review evidence showing the discrepancies between what people say and do with respect to pay. We then discuss why pay is likely to be such an important general motivator, as well as a variety of reasons why managers might underestimate its importance. We note that pay is not equally important in all situations or to all individuals, and identify circumstances under which pay is likely to be more (or less) important to employees. We close with recommendations for implementing research findings with respect to pay and suggestions for evaluating pay sys- systems. © 2004 Wiley Periodicals, Inc.
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EMPLOYEE OF PAY IN THE Importance
Motivation: DISCREPANCIES BETWEEN
WHAT PEOPLE SAY AND WHAT THEY DO Sara L. Rynes, Barry Gerhart, and Kathleen A. Minette A Majority of human resources professionals to believe có có employees are Likely to over- report the Importance of print pay employee surveys. Tuy nhiên, the opposite is đề nghị research ac- tually true. We review the discrepancies giữa Evidence showing what người drunk and so with respect to pay. We then Discuss why such 'pay is Likely to be an important, Motivator general, as well as a variety of managers to might underestimate its Reasons Why Importance. We note mà pay is not Equally important, or to all print all cá Situations, and diện Circumstances under mà pay is Likely to be more (or less) important, to employees. We close with RECOMMENDATIONS for Implementing research findings with respect to pay and suggestions for Evaluating pay sys- tems. © 2004 Wiley Periodicals, Inc.











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