Pay Alignment: Fact Or Fallacy?

Abstract

The project will make an important contribution to our understanding of the impact of employee pay system configuration on firm performance and, in turn, on national productivity and Australia's social and economic fabric. The findings will enrich pay system theory and guide evidence-based improvement in firms' pay practices. It will help employers to identify the most contextually appropriate and effective ways to manage pay level, structure and plan choice and thus to design pay systems that employees in different workplace contexts perceive as fair and that enhance organisational performance and ability to attract, motivate and retain high calibre staff.