Abstract
This paper reports on a qualitative study into profit sharing arrangements in large Australian law firms. Interviews with 19 managing partners and CEO's were conducted to ascertain the likely lived reality for those working under different sharing models. Rather than using a positivist correspondence theory of truth, hermeneutic phenomenology was used to explore the 'worlds' that 'open up' or 'close down' to firms as a result of a particular profit sharing methodology. Hermeneutic phenomenology is based on the belief that the particular assumptions that we hold allow us to see the world in certain ways while closing down other ways of seeing the world.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 27th ANZAM Conference 2013 |
| Subtitle of host publication | managing on the edge |
| Editors | Martin Grimmer, Rob Hecker |
| Place of Publication | Australia |
| Publisher | Australian and New Zealand Academy of Management |
| Pages | 1-21 |
| Number of pages | 21 |
| ISBN (Print) | 9780987596819 |
| Publication status | Published - 2013 |
| Event | Australian and New Zealand Academy of Management Conference (27th : 2013) - Hobart, Australia Duration: 4 Dec 2013 → 6 Dec 2013 |
Conference
| Conference | Australian and New Zealand Academy of Management Conference (27th : 2013) |
|---|---|
| City | Hobart, Australia |
| Period | 4/12/13 → 6/12/13 |
Keywords
- pay
- pay equity
- performance management
- retention
- retirement
- rewards
- profit sharing
- hermeneutic phenomenology