319
Views
6
CrossRef citations to date
0
Altmetric
Original Article

Measuring the Value of Nonwage Employee Benefits: Building a Model of the Relation Between Benefit Satisfaction and Value

&
Pages 292-328 | Published online: 19 Aug 2010

References

  • Aiken, L. S., & West, S. G. (1991). Multiple regression: Testing and interpreting interactions. Thousand Oaks, CA: Sage.
  • Allen, N. J., & Meyer, J. P. (1990). The measure and antecedents of affective continuance and normative commitment to the organization. Journal of Occupational Psychology, 63, 1-18.
  • Allen, N. J., & Meyer, J. P. (1996). Affective, continuance, and normative commitment to the organization: An examination of construct validity. Journal of Vocational Behavior, 49, 252-276.
  • Ash, R. A., & Bendapudi, V. (1996, April). Revisiting the measurement of pay satisfaction: Testing an improved measure. In S. M. Carraher (Chair), Pay satisfaction and the PSQ. Symposium conducted at the 11th Annual Conference of the Society for Industrial and Organizational Psychology, San Diego, CA.
  • Barber, A. E., Dunham, R. B., & Formisano, R. A. (1992). The impact of employee benefits on employee satisfaction: A field study. Personnel Psychology, 45, 55-75.
  • Baytos, L. M. (1976). Employee participation in compensation planning. Compensation and Benefits Review, 8 (2), 25-38.
  • Blau, P. M. (1964). Exchange and power in social life. New York: Wiley.
  • Blau, P. M. (1974). On the nature of organizations. New York: Wiley.
  • Brockner, J., & Wisenfeld, B. M. (1996). An integrative framework for explaining reaction to decisions: Interactive effects of outcomes and procedures. Psychological Bulletin, 120, 189-208.
  • Brosnan, P. (1975). The ability to predict workers' preferences: Further evidence. Human Relations, 28, 519-541.
  • Bureau of Labor Statistics, U.S. Department of Labor (BLS). (2002). National compensation survey. Retrieved September 11, 2002, from http://stats.bls.gov/ncs/home.htm
  • Bycio, P. (1992). Job performance and absenteeism: A review and meta-analysis. Human Relations, 45, 193-209.
  • Christoph, L. L. (1996). The effects of fringe benefits on organizational commitment within the hotel/motel industry. Unpublished doctoral dissertation, Clemson University, South Carolina.
  • Cohen, J., Cohen, P., West, S. G., & Aiken, L. S. (2003). Applied multiple regression/correlation analysis for the behavioral sciences (3rd ed.). Mahwah, NJ: Erlbaum.
  • Cook, K. S. (1987). Social exchange theory. Thousand Oaks, CA: Sage.
  • Culpepper, R. A. (2000). A test of revised scales for the Meyer and Allen (1991) three-component commitment construct. Educational and Psychological Measurement, 60, 604-616.
  • Davis, K. R., Giles, W. F., & Field, H. S. (1985). Compensation and fringe benefits: How recruiters view college graduates' preferences. Personnel Administrator, 30(January), 43-50.
  • Dunham, R. B., & Formisano, R. A. (1982). Designing and evaluating employee benefit systems. Personnel Administrator, 27(April), 29-35.
  • Eisenberger, R., Huntington, R., Hutchison, S., & Sowa, D. (1986). Perceived organizational support. Journal of Applied Psychology, 71, 500-507.
  • Emerson, R. M. (1972). Exchange theory: Part 1. A psychological basis for social exchange. In J. Berger, M. Zelditch, & B. Anderson (Eds.), Sociological theories in progress (Vol. 2, pp. 38-57). Boston: Houghton-Mifflin.
  • Emerson, R. M. (1987). Toward a theory of value in social exchange. In K. S. Cook (Ed.), Social exchange theory (pp. 11-46). Thousand Oaks, CA: Sage.
  • Employee Benefit Research Institute. (1997). Fundamentals of employee benefit programs. Washington, DC: Employee Benefit Research Institute, Education and Research Fund.
  • Famulari, M., & Manser, M. E. (1989). Employer-provided benefits: Employer cost versus employee value. Monthly Labor Review, 112(December), 24-28.
  • Flannery, T. P., Hofrichter, D. A., & Platten, P. E. (1996). People, performance, and pay: Dynamic compensation for changing organizations. New York: Free Press.
  • Gerhart, B., & Milkovich, G. T. (1992). Employee compensation: Research and practice. In M. D. Dunnette & L. M. Hough (Eds.), Handbook of industrial and organizational psychology (2nd ed., Vol. 3, pp. 481-569). Palo Alto, CA: Consulting Psychologists Press.
  • Giles, W. F., & Field, H. S. (1982). Accuracy of interviewers' perceptions of the importance of intrinsic and extrinsic job characteristics to male and female applicants. Academy of Management Journal, 25, 148-157.
  • Gouldner, A. W. (1960). The norm of reciprocity: A preliminary statement. American Sociological Review, 25, 161-178.
  • Harrison, D. A., & Shaffer, M. A. (1994). Comparative examinations of self-reports and perceived absenteeism norms: Wading through Lake Wobegon. Journal of Applied Psychology, 79, 240-251.
  • Hart, D. E., & Carraher, S. M. (1995). The development of an instrument to measure attitudes toward benefits. Educational and Psychological Measurement, 55, 480-484.
  • Henderson, R. I. (2000). Compensation management in a knowledge-based world. Upper Saddle River, NJ: Prentice Hall.
  • Howard, L. W. (1999). Validity evidence for measures of procedural/distributive justice and pay/benefit satisfaction. Journal of Business and Psychology, 14, 135-147.
  • Huber, V. L., Seybolt, P. M., & Venemon, K. (1992). The relationship between individual inputs, perceptions, and multidimensional pay satisfaction. Journal of Applied Social Psychology, 22, 1356-1373.
  • Iles, P., Mabey, C., & Robertson, I. (1990). HRM practices and employee commitment: Possibilities, pitfalls and paradoxes. British Journal of Management, 1, 147-157.
  • Johnson, J. W. (1996, April). Predictors of employee perceptions of benefit importance and satisfaction. Poster session presented at the annual meeting of the Society for Industrial and Organizational Psychology, San Diego, CA.
  • Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decisions under risk. Econometrica, 47, 262-291.
  • Kahneman, D., & Tversky, A. (2000). Choice, values, and frames. New York: Cambridge University Press.
  • Katzell, R. A. (1964). Personal values, job satisfaction, and job behavior. In H. Borow (Ed.), Man in a world of work (pp. 341-363). Boston: Houghton-Mifflin.
  • Kim, S. W., Cyphert, S. T., & Price, J. L. (1995). A suggested self-reported measure of absenteeism. Iowa City: University of Iowa Press.
  • Koys, D. J. (1991). Fairness, legal compliance, and organizational commitment. Employee Responsibilities and Rights Journal, 4, 283-291.
  • Kraut, A. I. (1996). Organizational surveys. San Francisco: Jossey-Bass.
  • Lambert, S. J. (2000). Added benefits: The link between work-life benefits and organizational citizenship behavior. Academy of Management Journal, 43, 801-815.
  • Lawler, E. E. (1990). Strategic pay. San Francisco: Jossey-Bass.
  • Lewellan, W. G., & Lanser, H. P. (1973). Executive pay preferences. Harvard Business Review, 51(5), 115-122.
  • Lurie, M. (1966). The growth of fringe benefits and the meaning of wage setting by wage comparisons. Journal of Industrial Economics, 15, 16-25.
  • Martocchio, J. J. (2003). Employee benefits: A primer for human resource professionals. New York: McGraw-Hill.
  • Meyer, J. P., & Allen, N. J. (1991). A three-component conceptualization of organizational commitment. Human Resource Management Review, 1, 61-89.
  • Meyer, J. P., & Allen, N. J. (1997). Commitment in the workplace: Theory, research, and application. Thousand Oaks, CA: Sage.
  • Miceli, M. P., & Lane, M. C. (1991). Antecedents of pay satisfaction: A review and extension. In K. Rowland & G. Ferris (Eds.), Research in personnel and human resource management (Vol. 9, pp. 235-309). Greenwich, CT: JAI Press.
  • Miceli, M. P., Mulvey, P. W., & Dawkins, C. (2000, April). Consequences of health care benefit satisfaction: The mediating role of perceived organizational support. Paper presented at the annual meeting of the Society for Industrial and Organizational Psychology, New Orleans, LA.
  • Milkovich, G. T., & Newman, J. (2005). Compensation (8th ed.). Homewood, IL: BPI/Irwin.
  • Molm, L. D., Peterson, G., & Takahashi, N. (2001). The value of exchange. Social Forces, 80, 159-185.
  • Organ, D. W. (1990). The motivational basis of organizational citizenship behavior. In B. M. Staw & L. L. Cummings (Eds.), Research in organizational behavior (Vol. 12, pp. 43-72). Greenwich, CT: JAI Press.
  • Parsons, T. (1975). Social structure in evolutionary perspective. In P. M. Blau (Ed.), Approaches to the study of social structure (pp. 94-120). New York: Free Press.
  • Perman, L. (1984). Other than pay: The nonmonetary characteristics of jobs. Unpublished doctoral dissertation, Harvard University, Boston, MA.
  • Rousseau, D. M. (1990). New hire perceptions of their own and their employer's obligations: A study of psychological contracts. Journal of Organizational Behavior, 11, 389-400.
  • Rummel, R. J. (1970). Applied factor analysis. Evanston, IL: Northwestern University Press.
  • Rynes, S. L., & Bono, J. E. (2000). Psychological research on the determinants of pay. In S. L. Rynes & B. Gerhart (Eds.), Compensation in organizations: Current research and practice (pp. 3-31). San Francisco: Jossey-Bass.
  • Rynes, S. L., & Gerhart, B. (Eds.). (2000). Compensation in organizations: Current research and practice. San Francisco: Jossey-Bass.
  • Stedham, Y. (1989). The effect of fringe benefits on employee retention: An evaluation of employer responsiveness to socio-economic changes in the work force. Unpublished doctoral dissertation, University of Kansas, Lawrence, KS.
  • Trafimow, D. (2004). Problems with change in R 2 as applied to theory of reasoned action. British Journal of Social Psychology, 43, 515-530.
  • Warr, P. B., & Routledge, T. (1969). An opinion scale for the study of manager's job satisfaction. Occupational Psychology, 43, 95-109.
  • Weathington, B. L., & Tetrick, L. E. (2000). Compensation or right: An analysis of employee "fringe" benefit perception. Employee Responsibilities and Rights Journal, 12, 141-162.
  • Werner, W. B. (1974). A new direction in rethinking fringe benefits. MSU Business Topics, 22, 35-40.
  • Williams, M. L. (1993, May). Determinants of employee benefit level satisfaction. Paper presented at the annual meeting of the Society for Industrial and Organizational Psychology, San Francisco, CA.
  • Williams, M. L., Malos, S. B., & Palmer, D. K. (2002). Benefit system and benefit level satisfaction: An expanded model of antecedents and consequences. Journal of Management, 28, 195-215.
  • Wilson, M., Northcraft, G. B., & Neale, M. A. (1985). The perceived value of fringe benefits. Personnel Psychology, 38, 309-320.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.