Empirically testing the relationship between income distribution, perceived value money and pay satisfaction

• Main Authors: Ismail, Azman, Oscar, Dousin, Antonia, Girardi, Ahmad, Zainal Ariffin, Mohd Shariff, Mohd Noor, Majid, Abdul Halim, Abdullah, Muhammad Madi, Ibrahim, Zalina
• Format: Article
• Language: English
• Published: OmniaScience 2009
• Subjects: TN1-997 Mining engineering. Metallurgy
• Online Access: http://eprints.usm.my/38951/1/Empirically_testing_the_relationship_between_income_distribution%2C_perceived_value_of_money.pdf; http://eprints.usm.my/38951/; http://dx.doi.org/10.3926/ic.2009.v5n3.p235-258
• Institution: Universiti Sains Malaysia

Compensation management literature highlights that income has three major features: salary, bonus and allowance. If the level and/or amount of income are distributed to employees based on proper rules this may increase pay satisfaction. More importantly, a thorough investigation in this area reve...