Naslov
The Role of Perks and Benefits in Attracting, Retaining and Engaging Employees – Time For Re- Evaluation?

Autori
Galetić, Lovorka ; Klindžić, Maja

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni

Izvornik
Book of Abstracts of the EMSH 2018 Conference / - , 2018, 1-2

Skup
International Conference on Emerging Global Issues in Management, Social Sciences and Humanities (EMSH 2018)

Mjesto i datum
Atena, Grčka, 21.04.2018. - 22.04.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
perks and benefits, indirect compensation, work engagement, employee attraction, employee retention, turnover, organizational performance

Sažetak
Benefits are indirect compensation element that has many goals, some of which are showing employees that company cares for their personal needs as well as to secure attractive and competitive total compensation package. Given its growing costs in the total pay, and taking into account doubt that has been cast on its motivational potential, the aim of this research was to investigate the role of perks and benefits in HR-related activities and organizational outcomes in Croatian setting. A comprehensive empirical research was conducted on the sample of 56 middle and large-sized Croatian companies. Research results revealed that certain types of benefits, which are usually highly valued by employees, are almost non-existent in Croatian setting. Additionally, the incidence of different types of perks and benefits differ across company settings related to size, industry and establishment age. More importantly, companies that apply certain types of benefits reported fewer problems in attracting and retaining employees, however, the number of such benefits is negligible. Finally, it was revealed that companies applying certain types of benefits have better productivity. Theoretical as well as practical implications were discussed in the paper.

Izvorni jezik
Hrvatski

Znanstvena područja
Ekonomija

POVEZANOST RADA