The Relationship between Compensation Strategy and Employee Performance among Academic Staff in Iraqi Universities: A Literature Review

Abstract

This paper aims to explore the past studies that investigate the connection concerning the compensation strategy and performance of the employee in various countries. Specifically, this study revolves around the Iraqi universities to obtain similar objective as the past studies. This paper is based on secondary sources, which are accumulated from many types of research in the USA, Canada, the UK, Indonesia, European, Nigerian, Japanese, China, Pakistan, Saudi Arabia, and Jordan. The study uses information that had been accumulated during the review of various literature to address the topic. Regression analysis documents are significant evidence to support an affirmative connection between the compensation strategy and the performance of the employee. The evidence revealed that compensation strategy leads to the increment of employee’s performance in Iraqi universities. This outcome indicated that there is a positive connection between the compensation strategy and the performance of the employee. As this study intentionally focuses on the connection concerning the compensation strategy and the performance of the employee in Iraqi universities, therefore, the outcome of this study will significantly assist the universities to enhance their ability to meet the challenges of the current and future competition. The study will also provide several important insights to strengthen the understanding of compensation strategy in developing economies and their impacts on the performance of the employee in the setting of Iraqi universities.