Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis

Remuneration policy is an element of company management. Remuneration systems should be flexible and evolutionary. They must consider not only the changes in the external environment but, most of all, the changing needs of the internal environment. In practice, this means aligning the company’s stra...

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Autores principales:	Agnieszka Barczak, Izabela Dembińska, Tomasz Rostkowski, Katarzyna Szopik-Depczyńska, Dorota Rozmus
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	remuneration system human capital energy sector multivariate correspondence analysis Technology T
Acceso en línea:	https://doaj.org/article/bb2d1cb5fbb24327bed8659780ac97ed
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spelling	oai:doaj.org-article:bb2d1cb5fbb24327bed8659780ac97ed2021-11-25T17:25:50ZStructure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis10.3390/en142274721996-1073https://doaj.org/article/bb2d1cb5fbb24327bed8659780ac97ed2021-11-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/22/7472https://doaj.org/toc/1996-1073Remuneration policy is an element of company management. Remuneration systems should be flexible and evolutionary. They must consider not only the changes in the external environment but, most of all, the changing needs of the internal environment. In practice, this means aligning the company’s strategy and goals with the remuneration system. What is more, the remuneration policy must be consistent with all personnel substrategies, which should systematically create integrated human capital management. The aim of our research was to determine how employees perceive the appropriate structure of remuneration and how the relationships between the elements that make up the structure of remuneration are perceived. Energy sector employees were selected for the study, dividing the group of respondents by gender, age and level of education. The obtained data were submitted to multivariate correspondence analysis. The analysis of the perception map for the variables of gender, age and education, as well as the subjective assessment of the components of remuneration, allows the general assertion that both men and women believe that the amount of the fixed part of remuneration should be influenced by such elements as: work efficiency, education, seniority in the current place of employment, position in the hierarchy of the position held, as well as the level of salaries in the labor market. But people aged 60 and over with a vocational education tend to believe that the amount of the fixed part of remuneration should be influenced by collective agreements. Moreover, people aged 25–34 with higher education believe that the granting of additional benefits should not be affected by collective labor agreements.Agnieszka BarczakIzabela DembińskaTomasz RostkowskiKatarzyna Szopik-DepczyńskaDorota RozmusMDPI AGarticleremuneration systemhuman capitalenergy sectormultivariate correspondence analysisTechnologyTENEnergies, Vol 14, Iss 7472, p 7472 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	remuneration system human capital energy sector multivariate correspondence analysis Technology T
spellingShingle	remuneration system human capital energy sector multivariate correspondence analysis Technology T Agnieszka Barczak Izabela Dembińska Tomasz Rostkowski Katarzyna Szopik-Depczyńska Dorota Rozmus Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis
description	Remuneration policy is an element of company management. Remuneration systems should be flexible and evolutionary. They must consider not only the changes in the external environment but, most of all, the changing needs of the internal environment. In practice, this means aligning the company’s strategy and goals with the remuneration system. What is more, the remuneration policy must be consistent with all personnel substrategies, which should systematically create integrated human capital management. The aim of our research was to determine how employees perceive the appropriate structure of remuneration and how the relationships between the elements that make up the structure of remuneration are perceived. Energy sector employees were selected for the study, dividing the group of respondents by gender, age and level of education. The obtained data were submitted to multivariate correspondence analysis. The analysis of the perception map for the variables of gender, age and education, as well as the subjective assessment of the components of remuneration, allows the general assertion that both men and women believe that the amount of the fixed part of remuneration should be influenced by such elements as: work efficiency, education, seniority in the current place of employment, position in the hierarchy of the position held, as well as the level of salaries in the labor market. But people aged 60 and over with a vocational education tend to believe that the amount of the fixed part of remuneration should be influenced by collective agreements. Moreover, people aged 25–34 with higher education believe that the granting of additional benefits should not be affected by collective labor agreements.
format	article
author	Agnieszka Barczak Izabela Dembińska Tomasz Rostkowski Katarzyna Szopik-Depczyńska Dorota Rozmus
author_facet	Agnieszka Barczak Izabela Dembińska Tomasz Rostkowski Katarzyna Szopik-Depczyńska Dorota Rozmus
author_sort	Agnieszka Barczak
title	Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis
title_short	Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis
title_full	Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis
title_fullStr	Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis
title_full_unstemmed	Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis
title_sort	structure of remuneration as assessed by employees of the energy sector—multivariate correspondence analysis
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/bb2d1cb5fbb24327bed8659780ac97ed
work_keys_str_mv	AT agnieszkabarczak structureofremunerationasassessedbyemployeesoftheenergysectormultivariatecorrespondenceanalysis AT izabeladembinska structureofremunerationasassessedbyemployeesoftheenergysectormultivariatecorrespondenceanalysis AT tomaszrostkowski structureofremunerationasassessedbyemployeesoftheenergysectormultivariatecorrespondenceanalysis AT katarzynaszopikdepczynska structureofremunerationasassessedbyemployeesoftheenergysectormultivariatecorrespondenceanalysis AT dorotarozmus structureofremunerationasassessedbyemployeesoftheenergysectormultivariatecorrespondenceanalysis
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Structure of Remuneration as Assessed by Employees of the Energy Sector—Multivariate Correspondence Analysis

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