The Effects of Cultural, Demographic and Occupational Variables on Individuals' Work Values and Preference for Workplace Reward Type and Allocation
Degree GrantorUniversity of Canterbury
Degree NameMaster of Science
There is a need for organisations and managers to acknowledge and respond to the increasing diversity in the New Zealand labour force, through making appropriate changes in structures, systems and management. By gaining a greater understanding as to how individuals differ in their work values and reward preferences, the effects of this diversity can be explored and findings could help inform the development of effective compensation systems. This study used a New Zealand sample of 521 participants to investigate the effects of cultural, demographic and occupational variables on work values and preference for workplace rewards and allocations. More specifically, it was hypothesised that differences in culture, marital status, dependents, age, managerial status and employment status would lead to differences in work values and preferences for workplace rewards and allocations. Results showed considerable support for hypotheses. Among findings, within-country cultural differences were reported for Stability work values and for financial reward preference. Certain demographics and occupational variables were also found to relate to particular work values and reward preferences. Practical implications and limitations of this study are discussed.