Variable compensation in British Columbia

This study begins with a review of economic and industrial relations literature to identify changes to the workplace that will make industry more productive and competitive. It identifies the measures necessary for industry to take advantage of technological development and to make the workplace more flexible. Specifically it focuses on variable or flexible compensation plans. After identifying the key features of various forms of flexible compensation, it examines approximately 30 plans being used in British Columbia. The case studies assist in identifying the advantages and disadvantages of each type of plan, from the perspectives of the employer, the employees and the trade union. Finally it suggests steps that can be taken by government to encourage variable compensation