Master’s thesis focuses on the proposal of using the concept of total remuneration in the remuneration of employees in a selected company. The thesis is divided into three parts, the theoretical part of the thesis includes factual research for easier understanding of the issue. The practical part analyzes the current state of remuneration of employees in the company and the third part is a solution proposal and its economic evaluation.

The diploma thesis deals with a proposal for the development of a remuneration system in a selected company using the concept of total remuneration. In the first part, a factual research is used to describe the theory for a better understanding of the issue. The second part includes an analysis of the selected company in terms of internal and external influences. The third part presents suggestions for change, including an economic evaluation of costs and benefits.

The diploma thesis deals with the proposal for change to the system of remuneration of employee in the selected company AGROPT, spol. s r.o. The thesis is divided into theoretical, analytical and design part. The theoretical part describes the basic concepts of the remuneration of employees. The analytical part focuses on the analysis of the internal and external surroundings of the company, the questionnaire survey and controlled interview. The last part deals with proposing measures to increase employee satisfaction.

The diploma thesis focuses on optimizing the employee's remuneration system using the concept of total remuneration in a selected company. In the theoretical part, factual research is used to describe the theory's basic concepts and theoretical starting points needed for a better understanding of the issue. The second part of the work includes an analysis of the current system of remuneration of the selected company and the internal and external influences of the environment. The last part presents proposals leading to the optimization of the remuneration system including quantification and evaluation of the costs and benefits of the changes.

The diploma thesis considers the system of remuneration of employees in a selected center with using the concept of total remuneration. The main and selection purpose of this thesis is puropose the development of a remuneration system in this company. The theoretical part of the thesis is solved via factual research. The analytical part examines the current remuneration system and the effects of the internal and external environment with respect to the current coronavirus crisis. Through a questionnaire survey and in-depth interviews, shortcomings in the current remuneration system were identified, from which proposals were derived for the development of an employee remuneration system and an economic assessment of the costs of the proposed changes.

Orientation: Over the years, the increase in executive remuneration in both the private sector and state-owned entities (SOEs) has been the subject of intense discussions. The poor performance of some SOEs with highly remunerated executives begs the question whether chief executive officers (CEOs) in South African SOEs deserve the high levels of remuneration they receive. Research purpose: The main purpose of the study was to determine whether there is a relationship between CEOs’ remuneration and company performance in South Africa’s Schedule 2 SOEs. Motivation for the study: A greater understanding of the relationship between CEO remuneration and organisational performance would expand knowledge when developing optimal CEO remuneration systems to ensure sustainability of SOEs in the South African context. If a relationship exists, it could justify the high remuneration received by CEOs. Research design, approach, and method: This quantitative, longitudinal study, conducted over a nine-year period, collected secondary data from the annual reports of 18 Schedule 2 SOEs. The primary statistical techniques used in the study included were OLS multiple regression analysis and correlational analysis on a pooled dataset. Main findings/results: The primary finding was that there is a relationship between CEO remuneration and company performance (mainly an inverse relationship), with no consistent trend between the constructs. Turnover appears to be an important component, as it was the most stable measure of company performance during the study period. The results indicate that the CEOs’ remuneration continued to increase, even when the SOEs were performing poorly. Practical managerial implications: Since the study focused on the relationship between CEOs’ remuneration and company performance, it may aid policymakers in forming new rules and regulations that would help improve the country’s economic performance while attracting international investors. Contribution/value-add: The study provides new knowledge to the limited research available on SOEs in South Africa. Further, this research focused on three different components of CEOs’ remuneration, thereby shedding more light on the relationship between their remuneration and company performance. / Business Management

Corporate governance and executive remuneration are not new phenomena, but have erupted to the forefront of corporate, academic and public attention as a result of a series of well publicized corporate collapses and scandals over the last decade, which have raised both a curiosity of executive remuneration levels, and an awareness of the potential impact of conflicts of interest between owners and executives in modern corporations. Although literature on corporate governance and executive remuneration in general is plentiful, there is a lack of comment on the relationships between certain specific components of these two broad constructs. These specific components, such as disclosure, executive remuneration and governance needed to be analysed individually before they could be combined into a whole that explains both their interrelationships with each other and the larger corporate governance sub-system, and ultimately in the corporation, as an organisational system. In view of greater globalisation of the world economy, and the market for executive talent, the consequent reforms in the fields of corporate governance and executive remuneration, as well as the changing competitive dynamics of modern corporations, it was necessary to examine whether traditional theory and regulatory frameworks have kept pace with corporate development. A review of both classic and current literature show vastly different approaches to both executive remuneration and corporate governance mechanisms practiced around the world. There is however a noticeable trend towards convergence of these different sub-systems.The most prominent differences in respect of these sub-systems relate to the extent to which disclosures are made. Some of these issues relate to full or limited disclosure, internal or external corporate governance measures to regulate executive remuneration, and differences in respect of a narrow shareholder focus or broad stakeholder focus of different interests in an organisation. / Business Leadership / Ph.D. (Business Leadership)

Made available in DSpace on 2016-04-25T16:44:16Z (GMT). No. of bitstreams: 1 Rafael Maia Chagas.pdf: 842021 bytes, checksum: 71a8fb1d646af3fe7b451bda276ebd40 (MD5) Previous issue date: 2010-10-28 / The main objective of this dissertation was to evaluate the management team knowledge and satisfaction level in relation to the total compensation program and identify the demographic profile of those professionals associated with the level of knowledge and satisfaction in a multinational company in the logistic sector. The knowledge level about the compensation program allows to identify the company's transparency about the issue and the possible lack of clarity can generate questions and dissatisfaction of this hierarchical level, critical for any organization and responsible for the direction and results. The theoretical research that supported this work included themes as the human resources (HR) role and evolution, the contextualization of the compensation area within the HR and companies and the different approaches to pay the professionals. For the analysis it was elaborated a research based on the management team perceptions in relation to their level of knowledge and satisfaction and demographic, it was used a questionnaire (Appendix A), which was divided into three parts corresponding to demographic data, level knowledge and satisfaction, the latter two items measured through scoring based on Likert scale. The results were analyzed by statistical tests (chi square, Fisher's significance, Spearman's linear regression). The research sample was 55 professionals occupying managerial positions of the target company. It was found a correlation between the level of knowledge and satisfaction regarding the total compensation program. No influence was observed in the demographic profile, hierarchical level and area of action on the knowledge and satisfaction scores and it was determinate, in order of decreasing importance the items that impact the satisfaction with the total compensation program. The results shown that there is no influence of the demographic profile, hierarchical level and internal area within the total compensation program, the element with greater impact on satisfaction of the management level was the variable pay and that management does not know the assumptions of the current compensation program, further that it was identified the need for studies that attempt to explain the origin of this lack of knowledge and how could the professionals' expectations design in a total compensation program / Esta dissertação teve como principais objetivos avaliar o nível de conhecimento e grau de satisfação do corpo gerencial em relação ao programa de remuneração total e identificar o perfil demográfico destes profissionais associado ao nível de conhecimento e grau de satisfação em empresa multinacional do segmento logístico. A avaliação do conhecimento sobre o programa de remuneração permite a identificação da transparência da empresa sobre o tema e a possível falta de clareza pode gerar questionamentos e insatisfação deste nível hierárquico, fundamental para qualquer organização e responsável pelo direcionamento e resultados. O levantamento teórico que sustentou este trabalho contemplou temas relacionados à evolução temporal e papel da área de recursos humanos (RH) nas empresas, a contextualização dos assuntos de remuneração dentro da área de RH e das empresas e as diferentes abordagens de remuneração relatadas. Para análise desses fatores, foi elaborada pesquisa sobre a percepção do corpo gerencial em relação ao seu nível de conhecimento e grau de satisfação e ao perfil demográfico, através de questionário (Apêndice A), que foi dividido em três partes correspondentes a dados demográficos, nível de conhecimento e grau de satisfação, sendo os dois últimos itens mensurados através de pontuação baseada em escala de Likert. Os resultados obtidos foram analisados através de testes estatísticos (qui quadrado, significância de Fisher, correlação de Spearman regressão linear múltipla). A amostra de pesquisa foi 55 profissionais ocupantes de cargos gerenciais da empresa alvo de estudo. Encontrou-se correlação entre o nível de conhecimento e o grau de satisfação em relação às políticas e programa de remuneração total. Não foi observado influência do perfil demográfico, nível hierárquico e área atuação sobre os escores de conhecimento e satisfação além da determinação por ordem decrescente de importância dos itens que impactam a satisfação em relação ao programa de remuneração total. Desta maneira considerou-se que não há influência do perfil demográfico, do nível hierárquico, área de atuação e dentro do programa de remuneração total, a medida de maior impacto para satisfação do corpo gerencial foi a remuneração variável e que o corpo gerencial não conhece as premissas do programa de remuneração vigente, com isso identificou-se a necessidade de estudos que tentem explicar a origem desta falta de conhecimento e como seria possível o delineamento das expectativas dos profissionais em um programa de remuneração total

The main objective of this thesis is to evaluate the current system of remuneration and motivation in terms of non-profit organizations and suggest steps that would lead to its improvement. To achieve the aim was selected Elementary school Ivana Olbrachta. To obtain information, an analysis of statistical reports and financial statements. Further interviews were conducted with employees of the organization. Established the amount and structure provided separately salary of teaching and non- teaching staff. Was also analyzed the effectiveness of paid salary costs. Based on this analysis were determined proposals to increase efficiency. Further motivation was decommissioned a total remuneration in the organization. Based on the analysis of the total remuneration were determined suggestions for its improvement.

Corporate governance and executive remuneration are not new phenomena, but have erupted to the forefront of corporate, academic and public attention as a result of a series of well publicized corporate collapses and scandals over the last decade, which have raised both a curiosity of executive remuneration levels, and an awareness of the potential impact of conflicts of interest between owners and executives in modern corporations. Although literature on corporate governance and executive remuneration in general is plentiful, there is a lack of comment on the relationships between certain specific components of these two broad constructs. These specific components, such as disclosure, executive remuneration and governance needed to be analysed individually before they could be combined into a whole that explains both their interrelationships with each other and the larger corporate governance sub-system, and ultimately in the corporation, as an organisational system. In view of greater globalisation of the world economy, and the market for executive talent, the consequent reforms in the fields of corporate governance and executive remuneration, as well as the changing competitive dynamics of modern corporations, it was necessary to examine whether traditional theory and regulatory frameworks have kept pace with corporate development. A review of both classic and current literature show vastly different approaches to both executive remuneration and corporate governance mechanisms practiced around the world. There is however a noticeable trend towards convergence of these different sub-systems.The most prominent differences in respect of these sub-systems relate to the extent to which disclosures are made. Some of these issues relate to full or limited disclosure, internal or external corporate governance measures to regulate executive remuneration, and differences in respect of a narrow shareholder focus or broad stakeholder focus of different interests in an organisation. / Business Leadership / Ph.D. (Business Leadership)