Publications
Publications
- January 1990 (Revised November 1990)
- HBS Case Collection
Note on Compensation and Incentive Systems
Abstract
Provides a brief analysis of issues in the design of an effective compensation system, with particular emphasis on incentives. Provides an analytic framework for thinking about compensation. Topics covered include the composition of the pay package, fringe benefits, and training. The analysis of incentives discusses the trade off between incentives and risk, the problem of performance measurement, and the use of promotions as incentive compensation. Designed for use with a teaching module on compensation.
Keywords
Citation
Gibbs, Michael J. "Note on Compensation and Incentive Systems." Harvard Business School Background Note 490-048, January 1990. (Revised November 1990.)