An Empirical Study of Reward and Incentive Systems in German Entrepreneurial Firms
In this paper we present the results of a study analyzing the impact of an entrepreneurial company’s initial organization on the structure of its reward and incentive systems, using data from entrepreneurial firms in Germany. The results suggest that the educational level of employees has the strongest impact on the application of different financial and nonfinancial rewards. Our findings also suggest that entrepreneurial companies in Germany rarely implement sophisticated financial reward systems.
Volume (Year): 59 (2007)
Issue (Month): 2 (April)
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