Incentive compensation of any form will certainly motivate the managerial behavior of the executives in a company Wowak (2010). However, researches have unanimously found that self-confidence is what determines how the executives will react to the incentive compensations. Self-confidence will significantly affect their cognitions, motivations and actions. A model of pay-person interaction built on this idea also predicts that executives’ self confidence would influence their response to incentive compensation. Apart from self-confidence, situational contingencies such as firm’s size and technology can also explain how the incentives may affect the managerial behavior. Without incentive compensation, the executives will work to ...
Essays on Managerial Behavior
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Managerial context
Managerial roles and styles vary from company to company. This depends on various factors which include the type of company, the managerial level, the resources under one disposal and many others.
Three different managers were interviewed in this case. The managers included a Public Relation (PR) manager in a public relation firm, a production manager in a manufacturing firm and a human resource manager in a media house.
Managers can be at different levels depending on the nature of the company. The different levels determine the chain of command in a given company. There are basically three managerial levels. These include the top, the middle and ...