Login (DCU Staff Only)
Login (DCU Staff Only)

DORAS | DCU Research Repository

Explore open access research and scholarly works from DCU

Advanced Search

Assessing star value: the influence of prior performance and visibility on compensation strategy

Terry, Ryan P., McGee, Jeffrey E., Kass, Malcolm J. and Collings, David G. orcid logoORCID: 0000-0003-1252-7080 (2022) Assessing star value: the influence of prior performance and visibility on compensation strategy. Human Resource Management Journal, 33 (2). pp. 307-327. ISSN 0954-5395

The greatest competition among rivals in many industries is not for market share but human capital. In the so-called talent war, organizations compete aggressively to attract star employees—individuals with disproportionate productivity and external visibility—in pursuit of competitive advantage. Building on human capital and resource-based view theories, we argue that firms’ compensation strategies are influenced by the intangible assets that define stars. With data from Major League Baseball, we find that organizations are likely to pay higher wages to stars based on their prior performance and visibility. Furthermore, our data indicate that firm competitive position influences which of these intangible assets holds greater value for managers. We discuss the implications of these findings for organizations waging war for talent and suggest directions for future research on a matter that is far from over.
Item Type:Article (Published)
Uncontrolled Keywords:star employees; resource-based view; human capital; talent management; intangible assets; compensation strategy ; resource-based view
Subjects:Business > Personnel management
DCU Faculties and Centres:DCU Faculties and Schools > DCU Business School
Official URL:https://dx.doi.org/10.1111/1748-8583.12446
Copyright Information:© 2022 Wiley.
ID Code:26996
Deposited On:31 May 2022 10:48 by Thomas Murtagh . Last Modified 18 Apr 2023 16:04

Full text available as:

[thumbnail of Assessing Star Value.pdf]
PDF - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Creative Commons: Attribution-Noncommercial-No Derivative Works 4.0


Downloads per month over past year

Archive Staff Only: edit this record