Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/79698
Title: The effect of feedback, assigned goal levels and compensation schemes on task performance
Authors: Chong, V
Leung, STW 
Keywords: Feedback
Task performance
Assigned goal levels
Compensation schemes
Issue Date: 2018
Publisher: Emerald Group Publishing Limited
Source: Asian review of accounting (亞洲會計評論), 2018, v. 26, no. 3, p. 314-335 How to cite?
Journal: Asian review of accounting (亞洲會計評論) 
Abstract: Purpose The purpose of this paper is to examine the joint effects of performance feedback, assigned goal levels and types of compensation schemes (i.e. fixed-pay, piece-rate and goal attainment bonus) on subordinates' task performance.
Design/methodology/approach A laboratory experiment was employed to collect data. The subjects consisted of a total of 133 Australian business executives. The study used ANCOVA for data analyses, controlling subject's practice trial scores as covariate.
Findings The results provide strong support for a three-way interaction between performance feedback, assigned goal levels and types of compensation schemes on subordinates' task performance. Specifically, the results reveal that the reliance of a piece-rate compensation scheme resulted in higher task performance when compared to fixed-pay and goal attainment bonus compensation schemes in the presence of performance feedback and assigned difficult goal levels situations. In addition, the results reveal that a goal attainment bonus compensation scheme leads to higher task performance when compared to a fixed-pay compensation scheme in the presence of performance feedback and assigned difficult goal levels situations.
Originality/value These findings have important implications for compensation schemes design in firms that aim to achieve higher employees' performance and organizational effectiveness.
URI: http://hdl.handle.net/10397/79698
ISSN: 1321-7348
EISSN: 1758-8863
DOI: 10.1108/ARA-09-2017-0142
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