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. …

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. …

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 …

substantial negative impact on the probability that an employee's pay is performance contingent. …

This paper studies how firms can efficiently incentivize supervisors to truthfully report employee performance. To this … altruism sometimes provides a net incentive to report performance truthfully, rather than to bias evaluations upward. The … risk by overrating the agent's performance. Second, I show that by screening for one supervisor type, firms can incentivize …

substantial negative impact on the probability that an employee's pay is performance contingent. …