The impact of leader financial rewards on work group functioning (2023-2026)
Abstract
The pay of leaders (particularly senior leaders, such as CEOs and top executives) has increased substantially in recent years. As a result, leader pay has become the focus of increased attention from the public and organisational stakeholders, prompting some governments to mandate publication of leader-worker income ratios. This project will clarify when and why high rewards for leaders improve and/or subvert, group functioning. With a focus on the impact of rewards on members social identification with their group and their productivity and contribution to group goals this project will identify how to enable high-functioning groups. This will support Australian business and organisations to design and develop reward structures that create thriving, productive, and prosperous organisations.
