Publication detail

Effectiveness of the use of compensation bonuses in the Czech Republic

TALÍŘ, M. STRAKOVÁ, J. CHYTILOVÁ, E. CHAMRADA, D.

Original Title

Effectiveness of the use of compensation bonuses in the Czech Republic

Type

journal article in Web of Science

Language

English

Original Abstract

Aim: This paper focuses on the evaluation of the impact of the use of compensation bonuses during a pandemic on the economic situation of companies. Methods: In order to achieve this objective, a primary quantitative survey in the form of a questionnaire survey was conducted in Czech enterprises and two research questions were set. The research questions were answered by testing four hypotheses, which focused on testing the relationship between the use of compensation bonuses and the nature of the change in the economic situation of the enterprise in terms of sector, size and prevailing business relationship. The parametric two-sample one-factor ANOVA and Pearson's Chi-squared test were used to test the hypotheses. Main findings: The results showed that the use of compensation bonuses was associated with a negative change in the economic situation of the firms. Differences in the magnitude of the effect were observed in terms of the prevailing business relationship and the size of the enterprises. The business sector did not affect the strength of the association between bonus use and change in economic situation. Limitations of the paper: the paper focuses on observing the short-term trend and is limited to Czech enterprises during the pandemic period.

Keywords

post-crisis period; financial turnaround; compensation bonus; industry; trade and services; B2B and B2C; firm size

Authors

TALÍŘ, M.; STRAKOVÁ, J.; CHYTILOVÁ, E.; CHAMRADA, D.

Released

1. 7. 2024

Publisher

AD ALTA: Journal of Interdisciplinary Research

Location

Hradec Králové

ISBN

2464-6733

Periodical

AD ALTA: Journal of Interdisciplinary Research

Year of study

14

Number

1

State

Czech Republic

Pages from

72

Pages to

78

Pages count

7

URL

https://www.magnanimitas.cz/ADALTA/1401/papers/A_chytilova.pdf

BibTex

@article{BUT189128,
  author="Milan {Talíř} and Jarmila {Straková} and Ekaterina {Chytilová} and Daniel {Chamrada}",
  title="Effectiveness of the use of compensation bonuses in the Czech Republic",
  journal="AD ALTA: Journal of Interdisciplinary Research",
  year="2024",
  volume="14",
  number="1",
  pages="72--78",
  doi="10.33543/j.1401.7278",
  issn="2464-6733",
  url="https://www.magnanimitas.cz/ADALTA/1401/papers/A_chytilova.pdf"
}