Changing Employment Contracts: The Relative Effects of Proposed Changes in Compensation, Benefits and Job Security on Employee Outcomes
Barringer, Melissa W.; Milkovich, George T.
Using survey responses from 1285 employees of a large telecommunications organization, we examine the effects of three elements of implicit employment contracts - compensation, benefits, and employment security. Findings suggest that employees are highly sensitive to changes in the employment security, base pay, and medical plan cost provisions of implicit contracts.
research; model; organization; information; study; effect; human; employ; work; outcome; resource; job; compensation; benefit; security