• Title/Summary/Keyword: Compensation Management

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A Study of Institutional in Industrial Accident Compensation Insurance Application for Unpaid Family Worker (무급가족종사자의 산재보험 적용에 관한 제도연구)

  • Seo, Gyu-Seok;Kang, Kyung-Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2009.11a
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    • pp.495-505
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    • 2009
  • Unpaid Family Worker is blind area of industry safety. Danger of industrial accident is some high but because was excepted in industrial accident compensation insurance application. In most case, because paltry Unpaid Family Worker is no opportunity to take safety education to prevent industrial accidents and there are few safety facility and safety equipment, etc., among business, it may be said that probability to suffer industrial accidents on a trifling mistake or carelessness is higher than general worker of business. Consider such difficult actuality of Unpaid Family Worker and our country must give these benefit of industrial accident compensation insurance application, as opened the door of insurance application in recognition of worker position by "Industrial accident compensation insurance Law" to middle·smaller enterprise's business proprietor or special form labor employees.

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A Study on Influence of Knowledge Information Factors and Management Factors of the KMS on Business Performance - Moderating Effect of Evaluation and Compensation (지식관리시스템의 지식정보 요인 및 관리요인이 경영성과에 미치는 영향 - 평가와 보상의 조절효과)

  • Lee, Seung-Min;Yi, Seon-Gyu
    • Journal of Digital Convergence
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    • v.16 no.6
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    • pp.63-73
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    • 2018
  • The purpose of this study is to investigate the influence of KMS(Knowledge Management System) on the performance of KMS by setting the factors affecting KMS 's management performance as knowledge information factor and management factor. And the moderating effect of evaluation and compensation on knowledge information factor, management factor and management performance. As a result of the analysis, it was analyzed that the knowledge information factor set by the knowledge adaptability, the reliability of knowledge information, and knowledge management process affects the definition of management performance. Among the management factors, organizationalization and cooperation factors influence definition Respectively. In the results of verifying whether assessment and compensation play a moderating role, it is found that knowledge compatibility of knowledge information factor, reliability of knowledge information, support of knowledge management process, knowledge sharing activity of management factor, cooperation has played a moderating role in business performance.

Service Recovery and Employees' Authenticity: Focusing on the Moderating Effects of Authenticity on Service Compensation (서비스 실패 회복과 종업원 진정성: 서비스 보상에 대한 진정성의 조절효과를 중심으로)

  • Lee, Shuai;Noh, Yonghwi;Choi, Seung Kook
    • Journal of Korean Society for Quality Management
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    • v.51 no.2
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    • pp.247-261
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    • 2023
  • Purpose: This study investigates the relationship between service compensation, consumer sentiment and revisit intention for service recovery in the Chinese foodservice industry, and the moderating effect of employee authenticity. Methods: Data were collected from people who experienced eating out in a city located in central China, and the hypothesis was verified through multiple regression analysis and hierarchical regression analysis. Results: The results indicate that the specificity of compensation affects both positive and negative emotions of customers, and the activeness of compensation also influences positive emotions of customers. Also, employee autheticity moderates the effect of specificity of compensation on customers' positive emotions. Both positive and negative emotions of customers influences revisit intention. Conclusion: These results show that the role of service compensation is important in service recovery in the rapidly expanding Chinese foodservice industry. In addition, since the sincerity of employees plays an important role in maximizing the recovery effect in the process of service recovery, it suggests that it is important not only to improve services in the quantitative aspect but also in the qualitative aspect through employee training.

The Impacts of Managers' Earning Forecast Information on Manager Compensation. -Focused on Accounting Conservatism- (경영자의 이익예측정보가 경영자 보상에 미치는 영향 -회계보수주의를 중심으로-)

  • Jeon, MiJin;Sim, Weon-Mi
    • Journal of Digital Convergence
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    • v.20 no.5
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    • pp.393-400
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    • 2022
  • In a situation where the company handles accounting conservatively, the management's earnings forecasting information will be more conservative, and the conservativeness of this earnings forecasting information will have a differential effect in evaluating the performance of managers and paying compensation. This study aims to examine how the level of corporate accounting conservatism affects the forecast information of managers and how this affects the compensation of managers. This study establishes a hypothesis on the effect of the level of accounting conservatism on the earnings forecasting information and compensation of managers, and examines the relationship between managerial profit forecasting information & manager compensation according of conservatism in corporate accounting that can vary depending on the manager's disposition. As a result of the analysis, conservative managers are also conservative in earnings forecasting disclosure, and when corporate managers are highly conservative, they show their ability by making earnings forecasts disclosures more frequently and more accurately than corporate managers with low conservatism. It will help reduce the forecasting errors of stakeholders. Therefore, it is expected that this will play an important role in judging the manager's ability and determining compensation. Therefore, when a company handles accounting conservatively, management's earnings forecasts are also measured conservatively, which is expected to provide useful information on the basis and form of management's compensation to stakeholders.

The Effect of Management Forecast Precision on CEO Compensation -Focusing on Bad news Firm- (악재를 경험한 기업의 경영자 이익예측 정확성이 경영자 보상에 미치는 영향)

  • Lee, Eun-Ju;Kim, Ha-Eun
    • Journal of Digital Convergence
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    • v.17 no.4
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    • pp.107-114
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    • 2019
  • This study analyzes the effect of the accuracy of future management performance, which managers voluntarily announce in the previous year's disclosure, on managers compensation. In the case of a company that disclosed the bad news in the previous year, the ability to predict uncertain future will be more important, and expects executives with better predictability to receive more compensation. The results of this study show that there is a significant negative(-) relationship between the accuracy of the manager's earnings forecast and the performance - compensation of the firms that disclosed the bad news in the previous year. The accuracy of the manager's disclosure is important, and it is confirmed that the manager's compensation increases as the incentive of the manager's effort to reduce future uncertainty. The results of this study are as follows: there is a positive relationship between the managerial performance and the managerial competence of managers. It is important to note that there is a difference and that we have identified additional determinants of the manager compensation contract.

How is the Compensation Structure of Family Firms Different from that of Non-Family Firms? : Evidence from Korea (가족기업과 비가족기업의 경영자 보상 구조의 차이에 관한 연구)

  • Yoo, Jungmin;Yoon, Dae-Hee
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.2
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    • pp.179-196
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    • 2013
  • This paper examines the difference in compensation structure between family firms and non-family firms in Korea. A manager's compensation is an important means of motivating a manager to make decisions for shareholders by mitigating conflicts of interest between them. However, the role of a manager's compensation can be weakened in family firms for the following reasons. First, a family member manager has fewer conflicts of interest, compared to a non-family member manager. Second, a family member manager has an intrinsic incentive to increase a firm's value (i.e., family wealth). Finally, a family member manager can monitor non-family member managers more effectively. For the reasons, the agency problem will be less severe in family firms and subsequently the role of compensation will be reduced. The empirical results show that pay-performance sensitivity is smaller in family firms than in non-family firms. The main result is robust to variations such as changes in family ownership, the definition of a family firm, and control variables. Furthermore, this paper compares the pay-performance sensitivity of Chaebol family firms with that of other firms. The result shows that the sensitivity is higher for Chaebol family firms, compared to that in other family firms and non-family firms.

A Study on the Improvement of the Image Quality for UAV Using Drift Compensation (편류보정을 통한 무인항공기 영상품질 향상에 관한 연구)

  • Lee, Mal-Young
    • Journal of Korean Society for Quality Management
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    • v.41 no.3
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    • pp.405-412
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    • 2013
  • Purpose: In this paper, the improvement of the image quality is investigated. The image quality is degraded by the drift phenomenon of EO/IR (Electro-Optical/Infrared) device on UAV. The drift phenomenon means that the image of EO/IR equipment on UAV(Unmanned Aerial Vehicle) moves to the unintended direction. This phenomenon should be improved for successful flight mission. Methods: To improve the drift phenomenon, the drift compensation method, the combination algorithm of FMC(Forward Motion Compensation) and AMC(Angular Motion Compensation) method, are introduced to calculate pitch and azimuth angle. Result values of pitch and azimuth angle are used for the improvement of image quality in EO/IR control logic. Results: The image quality is quantitatively improved more than 15 times through field test data of flight. Conclusion: Using the drift compensation technique, the image quality for EO/IR equipment is improved over 15 times than existing methods. This means the user of UAV with EO/IR device can perform a successful mission by keeping the line of sight for the target accurately.

The Study on the Enhancement of Effectiveness of Industrial Accident Compensation Insurance's Application : Focusing on the Employee's Corresponding Types and Casual Analysis (산재보험 적용의 실효성 제고방안 : 근로자의 재해대응유형 및 원인분석을 중심으로)

  • Jeong, Jae-Hoon;Park, Dae-Young;Oh, Ju-Yeon
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.215-227
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    • 2014
  • This paper is to investigate the employees' corresponding types and casual analysis. It proposes the legal and practical measures for improvement of Industrial Accident Compensation Insurance's usability. The results from the empirical analysis indicate that (1) 91.4 percent of the respondents feel the necessity of Industrial Accident Compensation Insurance, (2) 67.4 percent of the respondents perceive that Industrial Accident Compensation Insurance is useful, (3) employers' perceptions of the specific items of Industrial Accident Compensation Insurance appears to be low. (4) 35.9 percent of the respondents deal with industrial accidents through other ways such as health insurance and car insurance. The study ends with discussion of the findings and provides several theoretical and managerial implications and recommendations for future research and applications.

The Effect of Management Forecast Precision on CEO Compensation-Accounting Performance (경영자 이익예측 정확성이 성과-보상에 미치는 영향)

  • Lee, Eun-Ju;Sim, Won-Mi;Kim, Jeong-Kyo
    • Journal of Digital Convergence
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    • v.16 no.10
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    • pp.125-132
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    • 2018
  • The purpose of this study is to analyze the effect of managerial predictive accuracy on managerial performance-compensation. In this study, we compared managerial performance with managerial performance, And to analyze the relationship between manager compensation and manager compensation using managerial profit prediction accuracy. As a result of this study, there is a significant positive relationship between profit prediction accuracy and manager compensation, which can be interpreted as a result of manager's ability to compensate manager's ability to predict the future well. In this paper, we propose a new methodology that can be used to analyze the effects of managerial compensation on managerial compensation. This is because there is a difference in that it is proved to be a factor. Therefore, it is important to note that the prediction of the future of the company also identifies the additional determinants that affect manager compensation contracts with the key managerial capabilities.

Study on the Effects of CEO compensation in Investment and earnings management (경영자 보상이 투자와 이익조정에 미치는 영향에 관한 연구)

  • Kim, Mi-Sook
    • Management & Information Systems Review
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    • v.34 no.3
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    • pp.179-196
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    • 2015
  • The purpose of this study is to examine the influence of variable cash compensation depending on short-term performances instead of stock compensation for the executives on the investment in tangible assets, investment and R&D, and profit reconciliation. The detailed objectives of the study include, first, to examine the influence of the cash compensation on investment in tangible assets and profit reconciliation depending on the characteristics of the company and, second, to examine the influence of cash compensation on the profit reconciliation of the investment in R&D depending on the characteristics of the company. The results of the analysis in this study can be summarized as follows; Firstly, the result of the positive analysis, as the compensation for the executives increased, by the characteristics of the companies conducted on the significant 'positive' (+) on the investment in R&D and the profits reconciliation showed that the high tech industry and the share ratio of the executives did not show a significant result, while the debt ratio showed a significantly positive result. Secondly, the result of the positive analysis, as the compensation for the executives increased, by the characteristics of the companieson the significant 'positive' (+) of the investment in tangible assets and reconciliation of profits showed that the high-tech industry did not show a significant result, while the hypothesis on the share ratio of the executives and the hypothesis on the debt ratio showed results that are significantly positive as expected. In other words, it can help Korean companies, which have to investment in R&D and tangible assets to increase their competitiveness and promote future growth dynamics, to design a manager compensation system that is appropriate for our country to support efficient investment decision-making.

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