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Information Journal Paper

Title

The Four Foundations of Compensation Management: A Research Implication Critique on the Book “Handbook of Employee Reward Management and Practice”

Pages

  191-217

Abstract

 Researchers consider four foundations for employee compensation, including job status, individual status, membership, and performance. Building upon these foundations, the present article employs the methodology of critical realism and research implications to critique a prominent book in the field of employee compensation. The selected book for review is “Handbook of Employee Reward Management and Practice” authored by Michael Armstrong and translated into Farsi as Compensation “Management”. This book holds significant importance as a teaching resource in the realm of management and management policy. This article delves into the four fundamental principles of Compensation Management while critiquing the mentioned work. It also presents actuarial implications and research alternatives in this field. The findings highlight the necessity of explicitly incorporating all four fundamental elements of compensation for the comprehensive coverage of educational research works on employee Compensation Management, avoiding any implicit treatment.

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