Work

Pandemic and compensation and benefits satisfaction: A study on Indian manufacturing firms

Year: 2025

Type: article

Abstract: Purpose This study examines the antecedents of compensation and benefit satisfaction in Indian manufacturing firms during the COVID-19. Design Responses to the questionnaire were obtained from 164 middle-level managers and analyzed applying partial least squares structural equation modeling . Findings Managers having stronger personal values and working in redefined human resource development climate perceive lower discrepancy between industry standards and actual salary , between available and applicable benefits. Lower compensation and benefit discrepancy partially enhances compensation and benefit satisfaction through justice perception. Managers refrain from pay comparison and perceive lower compensation offerings as fair. Under high psychological capital, low compensation and benefit discrepancy increases compensation and benefit satisfaction. Novelty During uncertainty, designing a fair pay by adhering to industry standards can help in minimizing compensation and benefit discrepancy and can further compensation and benefit satisfaction and shape employees’ attitudes and behaviors.

Source: Sustainable Manufacturing and Service Economics

DOI: 10.1016/j.smse.2025.100031

Authors: Pooja Patnaik, Damodar Suar

Institutions: O. P. Jindal Global University, Indian Institute of Technology Kharagpur

Language: English

Topic: Job Satisfaction and Organizational Behavior

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $1,850