Do director board appointments predict whether CEO pay is in line with company performance? Increasing pay differences between CEOs and the average working Australian have resulted in a less equitable and economically divided society. This issue has reached a critical point as taxpayer money is now needed to fund stimulus packages and finance companies facing insolvency while CEO pay on average has remained unchanged or increased. This inequity has the potential to cause social and political ins ....Do director board appointments predict whether CEO pay is in line with company performance? Increasing pay differences between CEOs and the average working Australian have resulted in a less equitable and economically divided society. This issue has reached a critical point as taxpayer money is now needed to fund stimulus packages and finance companies facing insolvency while CEO pay on average has remained unchanged or increased. This inequity has the potential to cause social and political instability. This research will provide much needed knowledge of how to address this issue including pay benchmarks, knowledge derived from international practice, corporate governance indices as well as understanding of how widespread pay norms have developed.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE180101340
Funder
Australian Research Council
Funding Amount
$362,103.00
Summary
A new state of the art for understanding dynamic self-regulation. This project aims to develop and test a novel mathematical model that explains how people manage competing demands on their time and effort in a dynamic and uncertain environment. The project will use an integrative approach, bringing recent advances in mathematical psychology to bear on a problem of widespread interest within industrial and organisational psychology. The expected outcome is a quantitative theory that achieves a l ....A new state of the art for understanding dynamic self-regulation. This project aims to develop and test a novel mathematical model that explains how people manage competing demands on their time and effort in a dynamic and uncertain environment. The project will use an integrative approach, bringing recent advances in mathematical psychology to bear on a problem of widespread interest within industrial and organisational psychology. The expected outcome is a quantitative theory that achieves a level of precision, generality, and testability that is unmatched in the field. The project will provide the basic research that is needed to extend mathematical models of self-regulation to complex tasks involving rapid decision making.Read moreRead less
Knowledge sharing in teams. There is considerable interest in understanding principles governing effective management and sharing of knowledge in organisations. Members of organisations acquire much knowledge from external sources, other staff, practice, and experience, which, if shared efficiently, makes a significant difference to performance. This project focuses on the team, the basic unit in modern organisations. Four studies are proposed to examine antecedents of knowledge sharing, the re ....Knowledge sharing in teams. There is considerable interest in understanding principles governing effective management and sharing of knowledge in organisations. Members of organisations acquire much knowledge from external sources, other staff, practice, and experience, which, if shared efficiently, makes a significant difference to performance. This project focuses on the team, the basic unit in modern organisations. Four studies are proposed to examine antecedents of knowledge sharing, the relationship between amount and type of knowledge shared and team performance, identification of different knowledge-sharing roles taken by team members, and the effect of several highly active knowledge sharers on team performance. The findings will add to the literature on communication and information exchange in organisations, and will point to strategies for implementing effective knowledge sharing practices.
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Emotions and Employee Turnover: New Methods for Complex Dynamic Systems. This project aims to vastly improve the data-analytic capabilities of social and health researchers, while increasing knowledge about emotion dynamics and their link to employee turnover. By drawing on and advancing methods from ecology and applied physics, this project plans to investigate the role that individual emotions play in employee turnover with new quantitative methods for characterising and testing causality in c ....Emotions and Employee Turnover: New Methods for Complex Dynamic Systems. This project aims to vastly improve the data-analytic capabilities of social and health researchers, while increasing knowledge about emotion dynamics and their link to employee turnover. By drawing on and advancing methods from ecology and applied physics, this project plans to investigate the role that individual emotions play in employee turnover with new quantitative methods for characterising and testing causality in complex dynamic systems. The expected outcomes include an improved capacity for researchers, managers, and policy makers to understand complex organisational, economic, and health systems. This will provide immediate societal benefits by informing the development and deployment of targeted interventions in such systems.Read moreRead less
May the Force Be With You: Furthering Fresh Futures for NSW Police Psychological Strengths, Wellbeing and Retention. There is international emphasis on cultivating the well-being of police but there is little research explicating key psychosocial drivers. Fresh solutions are urgently needed to address complex issues underpinning unsustainable rates of New South Wales Police medical leave, retirement and psychological stress that adversely impact on well-being and capacity to safeguard Australian ....May the Force Be With You: Furthering Fresh Futures for NSW Police Psychological Strengths, Wellbeing and Retention. There is international emphasis on cultivating the well-being of police but there is little research explicating key psychosocial drivers. Fresh solutions are urgently needed to address complex issues underpinning unsustainable rates of New South Wales Police medical leave, retirement and psychological stress that adversely impact on well-being and capacity to safeguard Australians. Capitalising on powerful longitudinal design, gold standard statistics and cutting-edge interdisciplinary and multi-method theory/research, the project aims to explicate psychosocial drivers of New South Wales Police well-being, commitment, resilience and retention and critical characteristics of effective police command units to further fresh futures and enrich the international research agenda.Read moreRead less
An international evaluation of work-family balance: Validation of the work-family balance measure and theoretical model. Work-family imbalance costs Australia $8 billion per annum, via staff absenteeism, turnover, and health costs. By employing two Australian and three international experts, this project will investigate the long-term process of work-family balance, identify effective employment policies, and produce a new balance measure for use by industry and government. This will lead to imp ....An international evaluation of work-family balance: Validation of the work-family balance measure and theoretical model. Work-family imbalance costs Australia $8 billion per annum, via staff absenteeism, turnover, and health costs. By employing two Australian and three international experts, this project will investigate the long-term process of work-family balance, identify effective employment policies, and produce a new balance measure for use by industry and government. This will lead to improved health, personal satisfaction and employment choices for working Australians, and hence higher productivity for industry. The research addresses the second national research priority: promoting and maintaining good health. The consequential contributions to knowledge will directly benefit Australia's regard within the global academic community.Read moreRead less
Evidence-based improvement of statistical inference practices in psychology and other disciplines. The commonest ways that many researchers currently draw conclusions from their data have been shown to be inefficient, and often used incorrectly. This project will develop new, better statistical representations and software tools for data analysis. It will evaluate and demonstrate the effectiveness of these. Wide adoption of these techniques and tools will enhance the international reputation ....Evidence-based improvement of statistical inference practices in psychology and other disciplines. The commonest ways that many researchers currently draw conclusions from their data have been shown to be inefficient, and often used incorrectly. This project will develop new, better statistical representations and software tools for data analysis. It will evaluate and demonstrate the effectiveness of these. Wide adoption of these techniques and tools will enhance the international reputation and competitiveness of Australian psychological science. Adoption by Australian researchers across the social and behavioural sciences, and in other disciplines including medicine, economics and ecology, will improve the efficiency and effectiveness of Australian research, with consequential wide-ranging benefits to the Australian community.Read moreRead less
Older workers & psychological contracts: A dynamic perspective. This project aims to track the trajectories of older workers’ psychological contracts that shape their give-and-take with the organisation. Little is understood about how these psychological contracts change as older workers continue to pursue work through their fifth, sixth, seventh and eighth decades of life. This project tracks older workers over intensive, repeated in-depth interviews and a large-scale longitudinal panel study. ....Older workers & psychological contracts: A dynamic perspective. This project aims to track the trajectories of older workers’ psychological contracts that shape their give-and-take with the organisation. Little is understood about how these psychological contracts change as older workers continue to pursue work through their fifth, sixth, seventh and eighth decades of life. This project tracks older workers over intensive, repeated in-depth interviews and a large-scale longitudinal panel study. The outcomes fill significant gaps in our understanding of older workers’ needs and orientation toward work, and identify the age-related changes and organisational practices that spur older workers to sustain a strong trajectory of productive participation in the workforce.Read moreRead less
Competent but Less Likeable: Social Stereotypes and Strategic Choices in Negotiation. Women may be disadvantaged by the greater opportunities for negotiating employment conditions that Work Choices provides. Relative to their male peers, women receive lower starting salaries and smaller increases. This is costly for women, who leave the workforce with less financial security. The gender gap is also costly for organisations, who face increased dissatisfaction and turnover. Woman can improve the ....Competent but Less Likeable: Social Stereotypes and Strategic Choices in Negotiation. Women may be disadvantaged by the greater opportunities for negotiating employment conditions that Work Choices provides. Relative to their male peers, women receive lower starting salaries and smaller increases. This is costly for women, who leave the workforce with less financial security. The gender gap is also costly for organisations, who face increased dissatisfaction and turnover. Woman can improve their outcomes through negotiation, but the assertive tactics that improve their economic outcomes are likely to generate social reprisals in the workplace. This project will benefit employers and employees alike, by identifying strategies that assist women to improve their economic outcomes while buffering them from social reprisals.Read moreRead less
The Dynamics of Trust in Negotiation: Implications for Strategy and Outcomes. Despite the benefits of cooperation, negotiators frequently choose competitive strategies. This reduces their ability to build enduring solutions that meet both negotiators' needs. In this project, we investigate the role of trust in fostering cooperation. Although trust is a pre-requisite for cooperation, negotiation research is yet to systematically explore how trust is built, sustained and violated. We test h ....The Dynamics of Trust in Negotiation: Implications for Strategy and Outcomes. Despite the benefits of cooperation, negotiators frequently choose competitive strategies. This reduces their ability to build enduring solutions that meet both negotiators' needs. In this project, we investigate the role of trust in fostering cooperation. Although trust is a pre-requisite for cooperation, negotiation research is yet to systematically explore how trust is built, sustained and violated. We test how first impressions establish trust and how patterns of communication sustain trust. We also test how salient events punctuate negotiations and alter trust. Our goal is to identify those processes that facilitate trust and cooperation in negotiation.Read moreRead less