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The effect of noise in a performance measure on work motivation
Sloof, Randolph; Praag, Mirjam van - 2008
performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small … expectancy theory; noisier performance measures do not lower work motivation. …
Persistent link: https://www.econbiz.de/10011376648
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Multi-rater performance evaluations and incentives
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024
We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and …-rater evaluations if groups rationally aggregate their signals about employee performance. Our controlled laboratory experiment confirms … performance. …
Persistent link: https://www.econbiz.de/10014552994
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Multi-rater performance evaluations and incentives
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024
We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and …-rater evaluations if groups rationally aggregate their signals about employee performance. Our controlled laboratory experiment confirms … performance. …
Persistent link: https://www.econbiz.de/10014493793
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The effects of performance measurement and compensation on motivation
Herpen, Marco van; Praag, Mirjam van; Cools, Cornelis - 2003
This paper analyzes empirically the relationship between pay and performance. Economic and psychological theories … predict that the design and implementation of a performance measurement and compensation system affect the motivation of …
Persistent link: https://www.econbiz.de/10011333892
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Performance measurement, expectancy and agency theory : an experimental study
Sloof, Randolph; Praag, Mirjam van - 2006
Theoretical analyses of (optimal) performance measures are typically performed within the realm of the linear agency … noise in the performance measure. In contrast, expectancy theory as developed by psychologists predicts lower effort levels … for noisier performance measures. We conduct a real effort laboratory experiment and find that effort levels are invariant …
Persistent link: https://www.econbiz.de/10011343251
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Multitasking and the benefits of objective performance measurement : evidence from a field experiment ; conference paper
Manthei, Kathrin; Sliwka, Dirk - 2013 - Preliminary version
We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the … outset objective performance measures of pro fits in each branch were only available on the branch level and managers … to individual performance measures. We find a significant positive impact of objective performance measurement on effort …
Persistent link: https://www.econbiz.de/10010338944
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Performance Pay and Risk Aversion
Grund, Christian; Sliwka, Dirk - 2006
substantial negative impact on the probability that an employee's pay is performance contingent. …
Persistent link: https://www.econbiz.de/10010333738
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On the Hidden Costs of Incentive Schemes
Sliwka, Dirk - 2003
performance measurement is costly. If social norms matter such that some agents' reliability is influenced by their beliefs on the …
Persistent link: https://www.econbiz.de/10010263084
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Wage structure and the incentive effect of promotions
Herpen, Marco van; Cools, Cornelis; Praag, Mirjam van - 2004
This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
Persistent link: https://www.econbiz.de/10011337995
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Performance pay and risk aversion
Grund, Christian; Sliwka, Dirk - 2006
substantial negative impact on the probability that an employee's pay is performance contingent. …
Persistent link: https://www.econbiz.de/10010365868