Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-cd9895bd7-gxg78 Total loading time: 0 Render date: 2024-12-28T21:57:01.510Z Has data issue: false hasContentIssue false

11 - Engaging in Value-Based Compensation

from Part III - Cognition-Based Personal Interventions of Work-Life Balance

Published online by Cambridge University Press:  19 January 2023

M. Joseph Sirgy  and
Dong-Jin Lee
M. Joseph Sirgy
Affiliation:
Virginia Tech
Dong-Jin Lee
Affiliation:
Yonsei University
Get access

Summary

In this chapter we discuss the concept of value-based compensation and the research supporting it. This concept refers to individuals changing the way they perceive the importance of work and nonwork roles and life domains as a function of their successes and failures. They value those roles/domains they find satisfying and devalue those they find dissatisfying. Doing so allows them to maintain a semblance of life satisfaction overall. That is, they “compensate” for the dissatisfaction they experience in roles by decreasing their salience; and conversely, they increase the salience of satisfying roles. We discuss two specific interventions used in value-based compensation: (1) sequencing work and nonwork goals and (2) revising existing work and nonwork goals and selecting new goals. We also discuss intervention programs that organizations can institutionalize to achieve higher levels of employee work-life balance based on these personal interventions.

Keywords

value-based compensationwork-life balancelife satisfactiondomain satisfactionsequencing goalsrevising goalsselecting new goals
Type
Chapter
Information
Work-Life Balance
HR Training for Employee Personal Interventions
 , pp. 129 - 139
Publisher: Cambridge University Press
Print publication year: 2023

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Brandstätter, V., Herrmann, M., & Schüler, J. (2013). The struggle of giving up personal goals: Affective, physiological, and cognitive consequences of an action crisis. Personality and Social Psychology Bulletin, 39(12), 1668–1682.CrossRefGoogle ScholarPubMed
Edwards, J. R. & Rothbard, N. P. (2000). Mechanisms linking work and family: Clarifying the relationship between work and family constructs. Academy of Management Review, 25(1), 178–199.CrossRefGoogle Scholar
Greenhaus, J. H., Collins, K. M., & Shaw, J. D. (2003). The relation between work-family balance and quality of life. Journal of Vocational Behavior, 63(3), 510–531.CrossRefGoogle Scholar
Hirschi, A., Shockley, K. M., & Zacher, H. (2019). Achieving work-family balance: An action regulation model. Academy of Management Review, 44(1), 150–171.Google Scholar
Johnson, R. E., Chang, C. H., & Lord, R. G. (2006). Moving from cognition to behavior: What the research says. Psychological Bulletin, 132(3): 381–415.Google Scholar
Lee, D.-J. & Sirgy, M. J. (2018). What do people do to achieve work-life balance? A formative conceptualization to help develop a metric for large-scale quality-of-life surveys. Social Indicators Research, 138(2), 771–791.Google Scholar
Sirgy, M. J. (2002). The psychology of quality of life. Dordrecht: Kluwer Academic Publishers.Google Scholar
Sirgy, M. J. & Lee, D.-J. (2016). Work-life balance: A quality-of-life model. Applied Research in Quality of Life, 11(4), 1059–1082.CrossRefGoogle Scholar
Wrosch, C., Scheier, M. F., Miller, G. E., Schulz, R., & Carver, C. S. (2003). Adaptive self-regulation of unattainable goals: Goal disengagement, goal reengagement, and subjective well-being. Personality and Social Psychology Bulletin, 29(12), 1494–1508.CrossRefGoogle ScholarPubMed

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×