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The Structure of Middle Management Remuneration Packages: An Application to Australian Mine Managers

Author

Listed:
  • Pamela Kent

    (Commerce Department, The University of Queensland, St Lucia, 4072, Brisbane.)

  • Michael Siu

    (Deloitte Touche Tohmatsu.)

  • Julie Walker

    (Commerce Department, The University of Queensland, St Lucia, 4072, Brisbane.)

Abstract

This paper investigates the composition of remuneration packages for middle managers and relates the structure of remuneration contracts to firm-specific attributes. A statutorily defined position in a single industry is studied as an example of middle management. This allows us to control for differences in task complexity across managers and industry-induced factors that could determine differences in remuneration contracts. Higher-risk firms are expected to pay their mine managers a greater proportion of variable salaries and market and/or accounting-based compensation than low-risk firms. Results indicate that high-risk firms pay a higher proportion of variable salaries and more compensation based on market and/or accounting performance.

Suggested Citation

  • Pamela Kent & Michael Siu & Julie Walker, 2001. "The Structure of Middle Management Remuneration Packages: An Application to Australian Mine Managers," Australian Journal of Management, Australian School of Business, vol. 26(2), pages 107-124, December.
    • Handle: RePEc:sae:ausman:v:26:y:2001:i:2:p:107-124
    DOI: 10.1177/031289620102600202
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    References listed on IDEAS

    as
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