Risky Rewards: How Company Bonuses Affect Safety
| Author | : | |
| Rating | : | 4.46 (538 Votes) |
| Asin | : | B00R6471DM |
| Format Type | : | |
| Number of Pages | : | 150 Pages |
| Publish Date | : | 2014-12-21 |
| Language | : | English |
DESCRIPTION:
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. 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. 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. 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.
Coding the safety message within an economic argument This book proves how, at the managerial level, the safety message must be encoded within an economic argument. Five Stars V. Reinhardt Orders placed for others, no complaints
She was previously a Research Fellow in the School of Sociology at The Australian National University. These books have together sold more than 70,000 copies. . 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. He speaks re
It is a timely book given the findings of recent disaster investigations implicating unsuitable incentive schemes.' --Andrew Hale, Professor Emeritus, Delft University of Technology, the NetherlandsThe book is an interesting and thought provoking read. Their case studies handily illustrate the positive and negative aspects derived from their theoretical analyses. --Safeguard September/October 2015This book is an insightful and incisive analysis of the production safety/trade-off. Journal of Health, Safety and