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This paper delineates the current “disconnect” between traditional models of executive compensation and Bartlett and Ghoshal's model of a transnational strategy, and proposes a new model of global compensation based on the three managerial roles (operational entrepreneur, managerial developer and top level leader) outlined by Bartlett and Ghoshal in their model. The proposed model focuses on pay emphases in the areas of experiences (inputs), activities (processes) and rewards (outputs) in a global context, and the three global integrative pay configurations derived from the model are presented and discussed. The paper concludes with the presentation of three caveats related to further developments in the area of global pay and firm control.
Employee Relations: An International Journal – Emerald Publishing
Published: Dec 1, 2004
Keywords: Pay policies; Transnational companies; Senior management
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