The Improvement of Total Rewards and Working Condition for Taekwondo Instructor in the COVID-19 Era

The purpose of this study is to identify the overall difficulties of the Taekwondo industry due to the COVID-19 situation and to find ways to improve the total rewards and working condition so that Taekwondo instructors can play their roles while maintaining their self-esteem. The method of this study was a comparative study of the U.S. and Korea, which is the home country of Taekwondo. For this study, 12 American and Korean instructors were interviewed and additional surveys were conducted. As a result, both American and Korean Taekwondo instructors were playing their roles with high self-esteem. However, there were differences in job classification, allowances pay, incentives, and self-development opportunities. In U.S., Taekwondo instructors are clearly defined their tasks based on the job classification system and are applied well-designed overtime pay, incentive system and vacation plans. On the other hand, Korean instructors were working overtime and overworking without additional compensation to maintain long-term vision and employment relations. Comparative studies show that both countries have improvements to learn from each other. Taekwondo instructors in the U.S. need to increase their self-esteem in taekwondo while providing instructors with a vision for long-term careers. Taekwondo instructors in Korea need to improve total rewards and develop new skills such as mental training, counseling, and online lessons. The study will contribute to the overall improvement of total rewards, working condition and career development of taekwondo instructors in the U.S. and Korea.

Pay incentives, human capital and firm innovation in smaller firms

This study advances the literature on human resource management in small and medium sized enterprises (SMEs) by analysing how individual and collective forms of performance-related pay (PRP) influence SMEs’ propensity for product and process innovation and how such influence varies depending on the firm’s level of human capital. We used the microdata of more than 12,000 European SMEs, controlled for endogeneity, and found that both individual (i.e. piece rate and commissions) and collective (i.e. group-bonus and profit-sharing) PRP are positively associated with higher levels of firm innovation. Interestingly, when both individual and collective PRP schemes are adopted, their association with firm innovation is significant but negative, indicating that the adoption of multiple pay incentives may be detrimental to SMEs’ innovation. Moreover, our results revealed that the effect of individual PRP on innovation is stronger in SMEs with high levels of human capital, whereas the effect of collective PRP is stronger in SMEs with low levels of human capital.

Teacher Merit Pay: A Meta-Analysis

Empirical research investigating the association between teacher pay incentives and student test scores has grown rapidly over the past decade. To integrate the findings from these studies and help inform the debate over teacher merit pay, this meta-analysis synthesizes effect sizes across 37 primary studies, 26 of which were conducted in the United States. Among the U.S. based studies, the results suggest that the effect of teacher merit pay on student test scores is positive and statistically significant (0.043 standard deviation). This summary effect varies by program design and study context, suggesting that teacher merit pay has the potential to improve student test scores in some contexts but researchers and policymakers should pay close attention to program design and implementation.

Back to the Shop Floor: Behavioural Insights from Workplace Sociology

This article compares insights into decision-making and behaviour developed by Kahneman and Tversky in behavioural economics with the main findings from studies of pay incentives in workplace sociology in the middle decades of the 20th century. The article shows how many of the insights offered by behavioural economists, such as loss aversion, were anticipated and considered by the workplace sociologists. It is argued that the sociological studies offer deeper and more convincing accounts of worker behaviour through a better understanding of the role of social structure, context, and social processes in framing and influencing action.

The productivity effects of multiple pay incentives

Drawing on recent incentive theory and the growing use of multiple incentives by firms, this article examines the effects of combining incentives on workplace labour productivity. Utilizing data from the British Workplace Employment Relations Survey, the article explores whether multiple incentives are more effective than single incentives. It is found that the productivity effects of individualized incentives are enhanced by profit sharing though not by collective payment by result schemes (PBR). Profit sharing also enhances the effect of collective PBR, and it is found that two group incentives are more effective than a single individual incentive. However there are limits on the number of incentive schemes that can be combined effectively. The effects of mixed incentives tend to be greater in workplaces with worker discretion and task variety, thereby providing support for a contingency perspective.