A crisis in pay will be the subject of a special lecture to be given at Cambridge Judge Business School as part of the University of Cambridge Alumni Festival 2014.
A crisis in pay will be the subject of a special lecture to be given at Cambridge Judge Business School as part of the University of Cambridge Alumni Festival 2014.
After tea on Friday 26 September, Dr Jonathan Trevor, Lecturer in Human Resources and Organisations at Cambridge Judge, will share the latest insights from his research; Jonathan will exploring the remuneration practices of some high-profile companies and make the case that ‘pay for performance’ is failing both businesses and employees.
As faculty at the University of Cambridge Judge Business School, Jonathan’s principal research area is the linkage between strategy and organisational development (people, structures, systems and culture) and capability.
Previously Jonathan spent three years as a consultant with Mercer Human Resource Consulting in their London-based Performance and Rewards practice, advising Fortune 500 and FTSE 100 companies on issues of reward strategy, performance management, mergers and acquisitions and human capital management. He said:
Companies don’t like to talk about this, but we need a debate on this issue, because pay for performance is widespread, and has become the dominant logic of employee reward – the notion that we can use pay as a carrot, or a stick, and drive positive employee behaviour. In reality, I believe pay is like plumbing. You only ever notice it when it goes wrong. It can be used in good or bad ways – but often it is the latter. It is often misused, or used inappropriately, as a crutch for poor leadership – especially in the financial sector.”
Anna Wright, Head of Alumni Relations at Cambridge Judge Business School, said:
“We are delighted to be welcoming alumni from across the University to the School. Hosting events like Jonathan’s lecture enables the wider alumni community to benefit from our world-class faculty and their expertise on a number of topical business issues.”
This CJBS lecture is one of scores of events happening around the University over three stimulating days (Friday 26-Sunday 28 September) that allow alumni to reconnect with the University, meet old friends and make new ones.