With increased globalization, multinational enterprises (MNEs) have become pervasive in emerging economies such as India. Given that employee performance is multidimensional and culture-bound, the management of performance in MNEs is very critical for the successful implementation of their business strategy. We focus on promotions and incentives as they are considered the two crucial aspects of any performance management system. Based on a multisource, temporal study spanning over 19 months, we tested the interaction effect of promotion and annual incentive on employee outcomes. We conducted interviews of 15 senior officers in phase 2 to understand the inconsistencies in our findings. The contribution of the study to industry and academia are discussed.

中文翻译：

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晋升的意外后果：绩效管理系统年度激励措施的重要性

随着全球化程度的提高，跨国企业 (MNE) 在印度等新兴经济体中变得无处不在。鉴于员工绩效是多维的且受文化约束，跨国企业的绩效管理对其业务战略的成功实施至关重要。我们专注于晋升和激励，因为它们被认为是任何绩效管理系统的两个关键方面。基于跨越 19 个月的多源、时间研究，我们测试了晋升和年度激励对员工成果的交互作用。我们在第 2 阶段采访了 15 名高级官员，以了解我们调查结果中的不一致之处。讨论了该研究对工业界和学术界的贡献。