Flexible rewards from a strategic rewards perspective
Baeten, Xavier Verwaeren, Bart
Baeten, Xavier
Verwaeren, Bart
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Publication Type
Journal article
Editor
Supervisor
Publication Year
2012
Journal
Compensation & Benefits Review
Book
Publication Volume
44
Publication Issue
1
Publication Begin page
40
Publication End page
49
Publication NUmber of pages
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Abstract
Flexible reward arrangements (e.g., flexible benefit plans) have been around for a rather important period of time. Although some authors have examined the antecedents and consequences of adopting such plans from a theoretical perspective, empirical studies are rather scarce. Furthermore, there is a need to apply a strategic rewards perspective to flexible reward plans in order to help firms to move from “best practice” toward “best fit.” This article interprets the results of a survey held in Belgium and the Netherlands regarding the prevalence and perceived outcomes of adopting flexible reward plans within a model of strategic alignment of reward management.
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Keywords
Flexible Benefits, Employee Benefits, Reward Strategy