Minimizing competition? Entry-level compensation in Japanese firms

Asia Pacific Journal of Management

Volumn 21, Issue 4, 2004, Pages 445-467

  Yanadori, Yoshio ^a  

^a School of Industrial and Labor Relations   (United States)

Author keywords

Compensation; Japanese firms

Indexed keywords

EID: 42449137360     PISSN: 02174561     EISSN: 15729958     Source Type: Journal    
DOI: 10.1023/B:APJM.0000048713.38954.15     Document Type: Article

References (57)

1. J.C. Abegglen, The Japanese Factory: Aspects of its Social Organization, Free Press: Glencoe, IL, 1958.
2. C.L. Ahmadjian and P. Robinson, "Safety in numbers: Downsizing and the deinstitutionalization of permanent employment in Japan," Administrative Science Quarterly, vol. 46, pp. 622-654, 2002.
3. A.E. Barber and R.D. Bretz, Jr. "Compensation, attraction, and retention," in S. Rynes and B. Gerhart (eds.), Compensation in Organizations: Current Research and Practices. Jossey-Bass: San Francisco, CA, 2000.
4. A. Bird and M.F. Wierseman, "Underlying assumptions of agency theory and implications for non-U.S. setting," Research in Sociology of Organizations, vol. 14, pp. 149-180, 1996.
5. M. Bloom, "The performance effects of pay dispersion on individuals and organizations," Academy of Management Journal, vol. 42, pp. 25-40, 1999.
6. M. Bloom, G.T. Milkovich, and A. Mitra, Toward a Model of International Compensation and Rewards: Learning from How Managers Respond to Variations in Local Host Contexts. Center for Advanced Human Resource Studies Working paper series 00-14. Cornell University, Ithaca, NY, 2000.
7. R.D. Jr. Bretz and T. A. Judge, "The role of human resource systems in job applicant decision process," Journal of Management, vol. 20, pp. 531-551, 1994.
8. J. Brown, "Why do wages increase with tenure?" American Economic Review, vol. 79, pp. 971-991, 1989.
9. D. Card "The causal effect of education on earnings," in O. Ashenfelter and D. Card (eds.), Handbook of Labor Economics, 1999, vol. 3A.
10. D.M. Cable and T.A. Judge, "Pay preferences and job search decisions: A person-organization fit model," Personnel Psychology, vol. 43, pp. 317-348, 1994.
11. J.M. Cortina, "Big things have small beginnings: An assortment of "minor" methodological misunderstandings," Journal of Management, vol. 28, pp. 339-362, 2002.
12. R. Dore, British Factory Japanese Factory: The Origins of National Diversity in Industrial Relations, University of California Press: Berkeley, 1973.
13. P. Evans, V. Pucik, and J. Barsoux, The Global challenge: Frameworks for International Human Resource Management, New York, NY, Irwin, 2002.
14. R.G. Ehrenberg and R. Smith, Modern Labor Economics 6th edition Addison-Wesley, 1997.
15. K.M. Eisenhardt, "Agency and institutional theory explanations: The case of retail sales compensation," Academy of Management Journal, vol. 31, pp. 488-511, 1988.
16. R.W. Frick, "Accepting the null hypothesis," Memory & Cognition, vol. 23, pp. 132-138, 1995.
17. E. Gedajlovic and D.M. Shapiro, "Ownership structure and firm profit ability in Japan," Academy of Management Journal, vol. 45, pp. 565-575, 2002.
18. B. Gerhart and G.T. Milkovich, "Organizational differences in managerial compensation and financial performance," Academy of Management Journal, vol. 33, pp. 663-691, 1990.
19. M.E. Graham, J.L. Hotchikiss, and B. Gerhart, "Discrimination by parts: A fixed effects analysis of starting pay differences across gender," Eastern Economic Journal, vol. 26, pp. 9-27, 2000.
20. E.L. Groshen, "Sources of intra-industry wage dispersion: How much toemployers matter?" The Quarterly Journal of Economics, vol. 106, pp. 869-884, 1991.
21. E.L. Groshen and D.I. Levine, 2000. The Rise and Decline (?) of employer wage structures, Federal Reserve Bank, NY.
22. M.C. Jensen and W.H. Meckling, "Theory of the firm: Managerial behavior, agency costs and ownership structure." Journal of Financial Economics, vol. 3, pp. 305-360, 1976.
23. T. Kato, "The end of life time employment in Japan?: Evidence from national surveys and field research," Journal of Japanese and International Economics, vol. 15, pp. 489-514, 2001.
24. T. Kato and M. Rockel, "Experiences, credentials, and compensation in the Japanese and U.S. managerial labor markets: Evidence from new micro data," Journal of the Japanese and International Economies, vol. 6, pp. 30-51, 1992.
25. J. Kerr and R. Bettis, "Boards of directors, top management compensation and shareholder return," Academy of Management Journal, vol. 30, pp. 645-664, 1987.
26. M.J. Koch and R.G. McGrath, "Improving labor productivity: Human resource management policies do matter," Strategic Management Journal, vol. 17, pp. 335-354, 1996.
27. A.B. Kruger and L.H. Summers, "Efficiency wages and the inter-industry wage structure," Econometrica, vol. 56, pp. 259-293, 1988.
28. D.I. Levine, "Fairness, market, and ability to pay: Evidence from compensation executives," American Economic Review, vol. 83, pp. 1241-1259, 1993.
29. J.J. Martocchio, Strategic Compensation: A Human Resource Management Approach, Prentice Hall: Upside River, NJ, 2001.
30. T. Matsui, A. Okada, and R. Mizuguchi, "Expectancy theory prediction of the goal theory postulate, The harder the goals, the higher the performance," Journal of Applied Psychology, vol. 66, pp. 54-58, 1981.
31. G.T. Milkovich, and J. Newman, Compensation 7th edition. Homewood, IL: Irwin, 2002.
32. Ministry of Labor, Japan, 2000. Rodo Hakusho [White paper on labor] Tokyo, Japan, (in Japanese).
33. O. Mishina and M. Inaba, The Integrated Wage and Salary System: A Guide to Japanese Wage and Salary Systems at Present and for the Future. The Institute of Labor Administration: Tokyo, 1985.
34. M. Morishima, "Embedding HRM in a social context," British Journal of Industrial Relations, vol. 33, pp. 617-640, 1995.
35. N. Namiki, "Parent-subsidiary relationships in Japan: Some observations from financial statement data," SAM Advanced Management Journal, vol. 64, pp. 15-19, 1999.
36. National Personnel Authority, 2001. Minkan Kyuyo no Jittai. [Current status of private firms' remuneration systems]. (in Japanese).
37. T. Tachibanaki, Wage Determination and Distribution in Japan, Oxford University Press: New York, 1996.
38. The Nihon Keizai Shimbun. (2001). Nendo Saiyo Keikaku. [Recruit plan survey, Fiscal Year 2001]. April 23. (in Japanese)
39. The Nihon Keizai Shimbun. (2002). Nendo Saiyo Keikaku. [Recruit plan survey, Fiscal Year 2001].May 23. (in Japanese)
40. J.D. Olian and S.L. Rynes, "Organizational staffing: Integrating practice with strategy," Industrial Relations, vol. 23, pp. 170-183, 1984.
41. J. Pfeffer and A. Davis-Blake, "Understanding organizational wage structures: A resource-dependence approach," Academy of Management Journal, vol. 30, pp. 437-455, 1987.
42. G.N. Powell, "Effects of job attributes and recruiting practices n applicant decisions: A comparison," Personnel Psychology, vol. 37, pp. 721-732, 1984.
43. S.L. Rynes, "Compensation strategies for recruiting," Topics in Total Compensation, vol. 2, pp. 185-196, 1987.
44. Y. Sano, Human Resource Management in Japan, Keio University Press: Tokyo, Japan, 1995.
45. B.R. Schlender and C. Kano, "Japan's white collar blues," Fortune, March 21, pp. 97-101, 1994.
46. C. Shapiro and J.E. Stlglitz, "Equilibrium unemployment as a worker discipline device," American Economic Review, vol. 74, pp. 433-444, 1984.
47. H. Shibata, "The transformation of the wage and performance appraisal system in a Japanese firm," International Journal of Human Resource Management, vol. 11, pp. 294-313, 2000.
48. D.E. Terpstra and E.J. Rozell, "The relationship of staffing practices to organizational level measures of performance," Personnel Psychology, vol. 46, pp. 27-48, 1993.
49. R. Topel, "Specific capital, mobility, and wages: Wages rise with seniority? Journal of Political Economy, vol. 99, pp. 145-176, 1991.
50. H.L. Tosi, S. Werner, J.P. Katz, and L.R. Gomez-Mejia, "How much does performance matter? A meta-analysis of CEO pay studies," Journal of Management, vol. 26, pp. 301-339, 2000.
51. Toyo Keizai Japan Company Handbook, Summer, 1st edition, (2001).
52. Toyo Keizai Japan Company Handbook, Summer, 2nd edition, (2001).
53. Tower's Perrin Tokyo and Nikko Cordial Securities (2002). Stock option donyu gaikyo [The current state of the use of stock options]. (in Japanese)
54. V. Vroom, Work and Motivation, John Wiley & Sons: New York, NY, 1964.
55. M.W. Walsh, "Roughnecks wrangle for more money." The New York Times, January 10, 2001.
56. William Mercer. 2001 Cost of living reports.
57. P.M. Wright, G.C. McMahan, and A. McWilliams, "Human resources and sustained competitive advantage: A resource-based perspective," International Journal of Human Resource Management, vol. 5, pp. 301-326, 1994.