Lucifora, Claudio; Origo, Federica - In: ILR Review 68 (2015) 3, pp. 606-632
in the adoption of collective performance-related pay leads to a 3 to 5% productivity gain but that such effect declines …The authors investigate the causal effect on firm productivity of a switch from fixed wages to collective performance-related … pay, exploiting a reform in the structure of collective bargaining triggered by a social pact. They find that an increase …