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- Publisher
- SAGE
- Copyright
- Copyright © by SAGE Publications
- ISSN
- 0312-8962
- eISSN
- 1327-2020
- DOI
- 10.1177/031289620102600202
- Publisher site
- See Article on Publisher Site
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.
Journal
Australian Journal of Management – SAGE
Published: Dec 1, 2001