104 TOTAL REWARDS FOR TECHNICAL WORKERS

However, the literature review found no studies that rigorously evaluated the efficacy of
any implemented Total Rewards program in R&D or elsewhere, although there is a report that
IBM’s program is working well (Platt, 2000) and that Ethicon is pleased with its program
(Thanasse, 2003). It is to be hoped that, if Total Rewards strategies are now being implemented,
rigorous evaluations of their efficacy will soon appear in the literature.
Total Rewards is an approach that makes pragmatic good sense. The empirical literature
suggests that it is a viable strategy for R&D workers. The idea of articulating the complete
employee value proposition holds much promise as a way to approach human resources issues.
Total Rewards has the potential to guide research programs and to aid human resource managers
in developing effective programs that support and fuel the strategic initiatives of organizations.
References
3M website, 2004. www.3M.com/profile/careers/comp.jhtml, accessed October 30, 2004.
AstraZeneca website. www.astrazeneca-us.com/content/careers/benefits/totalrewards.asp,
accessed October 30, 2004.
Balkin, D.B. and Bannister, B.D. “Explaining pay forms for strategic employee groups in
organizations”. Journal of Occupational and Organizational Psychology,. 66, (1993), 139-151.
Balkin, D.B. and Gomez-Mejia, L.R. “Matching Compensation and Organizational Strategies.”
Strategic Management Journal, 11(2), (1990) 153-169.
Balkin, D.B., Markman, G.D. and Gomez-Mejia, L.R.. “Is CEO pay in high-technology firms
related to innovation?” Academy of Management Journal, 43(6), (2000), 1118-1129.
Boutellier, R., Gassmann, O., and von Zedtwitz, M., Managing Global Innovation: Uncovering
the Secrets of Future Competitiveness. New York. (2000) Springer.
Chen, C.C., Ford, C.M, and Farris, G.F. “Do rewards benefit the organization? The effects of
reward types and the perceptions of diverse R&D professionals.” Transactions on Engineering
Management, 46(1), (2000), 47-55.
Chen, T.Y., Chang P.L. and Yeh, C.W. “Square of correspondence between career needs and
career development programs for R&D personnel.” Journal of High Technology Management
Research, 14, (2003) 189-211.
Cordero, R., DiTomaso, N. and Farris, F. “Career development: Opportunities and likelihood of
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