The impact of leader financial rewards on work group functioning (2023–2026)
The pay of leaders (particularly senior leaders, such as CEOs and top executives) has increased substantially in recent years. As a result, leader pay has become the focus of increased attention from the public and organisational stakeholders, prompting some governments to mandate publication of leader-worker income ratios. This project will clarify when and why high rewards for leaders improve and/or subvert, group functioning. With a focus on the impact of rewards on members social identification with their group and their productivity and contribution to group goals this project will identify how to enable high-functioning groups. This will support Australian business and organisations to design and develop reward structures that create thriving, productive, and prosperous organisations.