Compensation, Benefits, and Total Rewards: A Bird's-Eye (Re)View

Research output: Contribution to journalReview articlepeer-review

Abstract

Research on compensation and employee benefits has enjoyed a long and rich history. Energized by a new generation of scholars, changes in the broader workplace context, and developments in adjacent areas of inquiry, many classic theoretical tensions and research questions have begun to evolve in novel directions, and exciting new areas of research are developing. In addition, there have been numerous calls for more academic research on both compensation and benefits and for greater alignment of that research with the needs and interests of practice, including the tendency of many practitioners (and employees) to view pay and benefits holistically as a package. In this review we highlight selected recent research on key components of core total rewards mdash compensation plus retirement, health, and work-life benefits. Extrapolating from our review, we identify evolving themes and trends and advance several recommendations for future research and suggestions for practice.

Original languageEnglish (US)
Pages (from-to)147-169
Number of pages23
JournalAnnual Review of Organizational Psychology and Organizational Behavior
Volume9
DOIs
StatePublished - Jan 2022
Externally publishedYes

Keywords

  • compensation
  • health benefits
  • retirement benefits
  • total rewards
  • work-life benefits

ASJC Scopus subject areas

  • Social Psychology
  • Applied Psychology
  • Organizational Behavior and Human Resource Management

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