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with three distinct theories: (i) human capital; (ii) rat race; and (iii) tournament. Third, guided by each theory, we go … are more beneficial for career advancement. Specifically we find: (i) for managers, working long hours will help them …
Persistent link: https://www.econbiz.de/10011881551
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bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …
Persistent link: https://www.econbiz.de/10009681440
extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards … perspective. We also examine that certain parts of managers seem to have more power to influence their compensation than others …. Inequality in managers' compensation decreased during the crisis. …
Persistent link: https://www.econbiz.de/10009754706
Immigrant workers and their labor force participation in host countries have received critical attention in all concerned disciplines, principally owing to its strong implications for well-being of natives. The ageing population in many rich countries and several related and unrelated issues...
Persistent link: https://www.econbiz.de/10009230711
High rewards or the threat of severe punishment do not only provide incentives to exert high levels of effort but also create pressure. Such pressure can cause paradoxical performance effects, namely performance decrements despite strong incentives and high motivation. By analyzing the...
Persistent link: https://www.econbiz.de/10003231933
The performance of a work team commonly depends on the effort exerted by the team members as well as on the division of tasks among them. However, when leaders assign tasks to team members, performance is usually not the only consideration. Favouritism, employees' seniority, employees'...
Persistent link: https://www.econbiz.de/10011776037
and managers shape the response to incentives and self-selection at the workplace. …
Persistent link: https://www.econbiz.de/10012147088
of our laboratory experiment is a two-stage tournament in which equilibrium efforts are the same in both stages. We … compare this treatment to a strategically equivalent one-stage tournament and to another two-stage tournament with a more … predictions and compared to the equivalent one-stage tournament. The results for the more convex two-stage tournament show that …
Persistent link: https://www.econbiz.de/10003777950
An essential ingredient in models of career concerns is ex ante uncertainty about an agent's type. This paper shows how career concerns can arise even in the absence of any such ex ante uncertainty, if the unobservable actions that an agent takes influence his future productivity. By...
Persistent link: https://www.econbiz.de/10002452300