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throughout the economy and include contracts linking CEO pay directly to firm performance, annual bonus schemes, the posting of … performance bonds, and holding company stock. These incentive mechanisms appear to complement rather than substitute for one … another. The elasticity of pay with respect to company performance is one or more in two-fifths of the cases where CEO's have …
Persistent link: https://www.econbiz.de/10010745536
literature on the prevalence and correlates of performance bonds posted by corporate executives. We show that they are an … important feature in today's CEO labour market in China: around one-tenth of corporations deploy performance bonds and they are …
Persistent link: https://www.econbiz.de/10011126044
We analyze the impact of interim ranking on the risk taking and performance behaviour of professional athletes …
Persistent link: https://www.econbiz.de/10011071349
This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … targets, measured with varying degrees of precision. We use data from the agency's performance management system and personnel … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …
Persistent link: https://www.econbiz.de/10010720301
performance, even with quite large teams. We examine whether this effect was due to increased effort from workers or strategic … task reallocation. We find that the provision of financial incentives did raise individual performance but that managers …
Persistent link: https://www.econbiz.de/10011166368
to performance. For the first time we employ a Hodrick-Prescott Filter, a methodology widely used in macroeconomics to …
Persistent link: https://www.econbiz.de/10010884735
Persistent link: https://www.econbiz.de/10010905331
CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of Special Economic Zones (SEZs) to attract...
Persistent link: https://www.econbiz.de/10010884490
The introduction of performance-related pay with Performance Management in the state school sector of England and Wales … performance reviews. Experienced teachers were offered an extended pay scale based on performance instead of seniority, and to … skills and performance. This paper reports the results of a panel survey of classroom and head teachers which started in 2000 …
Persistent link: https://www.econbiz.de/10010928638
The introduction of performance-related pay and performance management schemes in the maintained, state, school sector … and head teachers with Department for Education and Skills school performance data to consider the operation and impact of … related to rising pupil academic performance. …
Persistent link: https://www.econbiz.de/10010745401