Asia-Pacific Journal of Business Venturing and Entrepreneurship (벤처창업연구)

The Korean Society of Business Venturing (한국벤처창업학회)
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The Effects of Compensation and Pay Dispersion on Organizational Productivity and Performance: The Case of Korean Professional Basketball Teams

한국프로농구 기업의 임금수준과 임금격차가 구성원의 생산성과 조직성과에 미치는 영향: 한국프로농구를 중심으로

  • 김필수 (한국스포츠경영전략연구원) ;
  • 정태성 (한양대학교 경영학과) ;
  • 이상현 (아주대학교 경영학과)
  • Received : 2023.03.10
  • Accepted : 2023.04.18
  • Published : 2023.04.30
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Abstract

Compensation and pay dispersion has been rigorously scrutinized to investigate their impacts on productivity and organizational performance. However, it is difficult to find a systematic study on the systematic dynamics of compensation and pay dispersion effects specifically in the context of Korean venture companies. Venture companies should manage their organizational resources efficiently to maximize their organizational performance through pay structure by efficiently managing the inherent resources. However, we acknowledge that empirical studies on how compensation and pay dispersion affect organizational productivity and performance are rare to find in the Korean context. To overcome this supplement limitation, this study hypothesized that (1) pay and members' productivity are positively related, (2) pay dispersion and organizational productivity have U shaped relationship, and (3) organizational productivity mediates the positive relationship between compensation and organizational performance. Venture companies and professional sports teams share manifold common characteristics such as size, financial circumstances, and operational objectives. We collect 9 seasons (2013~2014 - 2021~2022) of 10 teams' data of Korean Basketball League teams to test our hypotheses. Methodologically, the assessment of our analysis is rendered with PROCESS macro model 58. The statistical results showed that all hypotheses are statistically supported. This study explains how compensation and pay dispersion affect organizational productivity and performance of venture companies in Korea.

제한된 자원을 보유한 기업이 내재한 조직역량을 효율적으로 운영하여 성과를 극대화하는 것은 중요한 과제이다. 하지만, 국내 벤처기업 및 이러한 속성을 지닌 기업이 조직 내의 구성원들에게 지급하는 임금이 어떠한 과정을 통하여 조직성과에 영향을 주며, 어떤 상황에서 그 효과가 극대화될 수 있는지에 관한 연구는 찾기 힘든 실정이다. 기존 연구의 한계를 보완하기 위하여 본 연구에서는 임금과 조직 구성원의 생산성이 조직 내 임금격차의 수준에 따라 조직성과에 미치는 영향이 달라질 것이라는 가설을 세우고 실증적으로 검증하고자 하였다. 이를 분석하기 위해 벤처기업과 조직의 구조, 자본 및 인적자원의 규모나 운영방식 등 많은 부분에서 유사한 특징을 지닌 한국프로농구(KBL) 리그에 속한 10개 구단의 9개 시즌(2013~2014시즌 - 2021~2022시즌)의 팀 연봉 및 경기기록과 관련한 자료를 체계적으로 수집하여 실증분석을 시행하였다. 본 연구의 분석을 위해 프로세스 매크로 58번의 조절된 매개효과 모형이 적용되었다. 실증분석 결과, 한국프로농구팀의 (1) 팀 연봉은 구성원의 성과와 정(+)의 관계를 지니고, (2) 임금격차와 구성원의 성과는 U자형의 비선형 관계가 존재한다. 또한, (3) 구성원의 생산성은 한국프로농구팀의 연봉과 조직성과의 정(+)의 관계를 매개하며, (4) 임금격차는 팀 연봉이 조직성과에 미치는 간접효과를 조절하는 것으로 나타났다. 본 연구는 비교적 객관적으로 조직성과를 측정할 수 있도록 계량화되어 있고 조직 구성원의 생산성과 조직성과가 표준화되어 있어 시계열 데이터로 구축할 수 있는 프로스포츠 데이터를 활용하였다. 벤처기업과 기업 규모의 측면에서 매우 유사한 프로스포츠팀의 임금이 어떤 방식으로 구성원의 생산성과 조직성과에 영향을 미치며 그 효과가 어떻게 극대화될 수 있는지에 대해 실증적으로 분석하여 기존의 논의를 확장하였다는 측면에서 의의가 있다.

Keywords

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