IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v12(541)(supplement)y2009i12(541)(supplement)p49-53.html
   My bibliography  Save this article

The Impact Of Financial Crisis On Compensation Strategies

Author

Listed:
  • Tatiana Moşteanu

    (Academy of Economic Studies, Bucharest)

  • Monica Andrei

    (Academy of Economic Studies, Bucharest)

Abstract

The continuous impact of uncertain economic environment affected most organizations’ workforce through an uninterrupted increase of unemployment, wage reduction and diminution in offered benefits, thus forcing more and more companies to revise their compensation strategy. Employee compensation consists of a series of elements used in order to attract, retain and motivate skilled employees. Nevertheless, especially in Eastern Europe, the most important factor is still the fixed pay, respectively the base salary. Last year’s financial crisis has a major impact in shaping the compensation elements to be gradually restructured starting with 2010.

Suggested Citation

  • Tatiana Moşteanu & Monica Andrei, 2009. "The Impact Of Financial Crisis On Compensation Strategies," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 12(12(541)(s), pages 49-53, December.
    • Handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:49-53
    as

    Download full text from publisher

    File URL: http://www.ectap.ro/documente/suplimente/Finantele%20si%20stabilitatea%20economica_Finante_en2010.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:12(541)(supplement):y:2009:i:12(541)(supplement):p:49-53. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.