Risky Rewards

How Company Bonuses Affect Safety

Andrew Hopkins, Sarah Maslen (Autoren)

Buch | Hardcover

186 Seiten

2015
CRC Press (Verlag)
978-1-4724-4984-9 (ISBN)

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Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.

Andrew Hopkins is Emeritus Professor in the School of Sociology at The Australian National University. He has published widely across the field of organisational safety, authoring titles including Disastrous Decisions, Failure to Learn, Lessons from Longford, Lessons from Gretley, and Safety, Culture and Risk. These books have together sold more than 70,000 copies. He speaks regularly to audiences around the world about the causes of major accidents. Sarah Maslen is Assistant Professor of Sociology at the University of Canberra. She was previously a Research Fellow in the School of Sociology at The Australian National University. Her research interests include occupational knowledge and practice, sensory perception, and risk.

Introduction. Questioning the Value of Financial Incentives. The Problem of Rare but Catastrophic Events. Long-Term Incentives. Annual Bonuses. The Impace of Incentive Arrangements. Indicators of Major Hazard Risk. Summary, Reflections, Suggestions. The Research Process. A Sample Performance Agreement.

Erscheint lt. Verlag	10.2.2015
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	488 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Allgemeines / Lexika
	Wirtschaft ► Betriebswirtschaft / Management ► Personalwesen
	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
ISBN-10	1-4724-4984-3 / 1472449843
ISBN-13	978-1-4724-4984-9 / 9781472449849
Zustand	Neuware