Non financial rewards for HRM in tech companies
Purpose: This research study aims to determine the importance of non-financial rewards as an element of total compensation and its relationship to human resource management mediated by the relationship of strategic corporate governance in the technology sector. Design/methodology/approach: A quantit...
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| Format: | Article |
| Language: | Catalan |
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OmniaScience
2024-10-01
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| Series: | Intangible Capital |
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| Online Access: | https://www.intangiblecapital.org/index.php/ic/article/view/2737 |
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| author | Santiago Almadana-Abón Jesús Molina-Gómez Pere Mercadé-Melé José Manuel Núñez-Sánchez |
| author_facet | Santiago Almadana-Abón Jesús Molina-Gómez Pere Mercadé-Melé José Manuel Núñez-Sánchez |
| author_sort | Santiago Almadana-Abón |
| collection | DOAJ |
| description | Purpose: This research study aims to determine the importance of non-financial rewards as an element of total compensation and its relationship to human resource management mediated by the relationship of strategic corporate governance in the technology sector.
Design/methodology/approach: A quantitative approach of extrinsic and intrinsic non-financial rewards, human resource management and strategic management of the company has been carried out. To obtain the necessary data, self-administered questionnaire were used. The results obtained from a sample of 97 human resource managers in the technology sector proves the causal relationship between each type of non-financial reward and human resource management, as well as its link to the strategic management.
Findings: Using Partial Least Squares Structural Equation Model (PLS-SEM), significant relationships occur between human resource management and strategic management, followed by the relationship between human resource management and intrinsic rewards. A significant relationship exists between human resource management and direct and indirect intrinsic rewards through strategic management. In turn, only an indirect relationship exists between human resource management and extrinsic non-financial rewards through strategic management, but there is no direct relationship.
Originality/value: These findings are highly important for human resource management, since it could allow the development of new compensation strategies with non-financial rewards under strategic management helping technology companies to generate competitive advantage by means of the same. |
| format | Article |
| id | doaj-art-58d29960de174bb9846b773faba8d383 |
| institution | OA Journals |
| issn | 1697-9818 |
| language | Catalan |
| publishDate | 2024-10-01 |
| publisher | OmniaScience |
| record_format | Article |
| series | Intangible Capital |
| spelling | doaj-art-58d29960de174bb9846b773faba8d3832025-08-20T02:35:56ZcatOmniaScienceIntangible Capital1697-98182024-10-0120349751210.3926/ic.2737572Non financial rewards for HRM in tech companiesSantiago Almadana-Abón0Jesús Molina-Gómez1Pere Mercadé-Melé2José Manuel Núñez-Sánchez3Universidad de MálagaUniversidad de MálagaUniversidad de MálagaUniversidad de MálagaPurpose: This research study aims to determine the importance of non-financial rewards as an element of total compensation and its relationship to human resource management mediated by the relationship of strategic corporate governance in the technology sector. Design/methodology/approach: A quantitative approach of extrinsic and intrinsic non-financial rewards, human resource management and strategic management of the company has been carried out. To obtain the necessary data, self-administered questionnaire were used. The results obtained from a sample of 97 human resource managers in the technology sector proves the causal relationship between each type of non-financial reward and human resource management, as well as its link to the strategic management. Findings: Using Partial Least Squares Structural Equation Model (PLS-SEM), significant relationships occur between human resource management and strategic management, followed by the relationship between human resource management and intrinsic rewards. A significant relationship exists between human resource management and direct and indirect intrinsic rewards through strategic management. In turn, only an indirect relationship exists between human resource management and extrinsic non-financial rewards through strategic management, but there is no direct relationship. Originality/value: These findings are highly important for human resource management, since it could allow the development of new compensation strategies with non-financial rewards under strategic management helping technology companies to generate competitive advantage by means of the same.https://www.intangiblecapital.org/index.php/ic/article/view/2737total compensation, human resource management, strategic management, intrinsic rewards, non-financial rewards |
| spellingShingle | Santiago Almadana-Abón Jesús Molina-Gómez Pere Mercadé-Melé José Manuel Núñez-Sánchez Non financial rewards for HRM in tech companies Intangible Capital total compensation, human resource management, strategic management, intrinsic rewards, non-financial rewards |
| title | Non financial rewards for HRM in tech companies |
| title_full | Non financial rewards for HRM in tech companies |
| title_fullStr | Non financial rewards for HRM in tech companies |
| title_full_unstemmed | Non financial rewards for HRM in tech companies |
| title_short | Non financial rewards for HRM in tech companies |
| title_sort | non financial rewards for hrm in tech companies |
| topic | total compensation, human resource management, strategic management, intrinsic rewards, non-financial rewards |
| url | https://www.intangiblecapital.org/index.php/ic/article/view/2737 |
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