The well intentioned compensation package /

This case study details the events that occurred in 2005 when a multinational bank based in Mumbai, India tried to put in place a radically revised compensation package for its employees, both managerial and non-managerial. The objective of the exercise was straightforward - the bank wanted to attra...

Full description

Bibliographic Details
Main Authors: Gopinath, Mohan (Author), Abraham, Dolphy M. (Author)
Format: eBook
Language:English
Published: London : NeilsonJournals Publishing, 2018.
Series:SAGE Business Cases.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:This case study details the events that occurred in 2005 when a multinational bank based in Mumbai, India tried to put in place a radically revised compensation package for its employees, both managerial and non-managerial. The objective of the exercise was straightforward - the bank wanted to attract the best talent and at the same time retain its employees. The compensation package was developed without the input or buy-in from the employees and with little review by upper management. The case details the events subsequent to the launch of the new compensation package for the employees in India. The discussion focus of the case is the importance of open communications for the management of change, and cross cultural sensitivity.
Item Description:Orginally Published In Gopinath, M., & Abraham, D. (2018). The Well Intentioned Compensation Package. Journal of Organizational Behavior Education, 11(1), 15-32. JOBE11-0CS2.
Physical Description:1 online resource : illustrations.
Bibliography:Includes bibliographical references and index.
ISBN:9781529733693
1529733693