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. …

performance measurement is costly. If social norms matter such that some agents' reliability is influenced by their beliefs on the …

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

We study the incentive effects of grating supervisors access to objective performance information when agents work on … objective measures but assess performance subjectively by gathering information. This incentive loss is more pronounced when the … experiment conducted in a bank. In the treatment group managers obtained access to objective performance measures which raised …

, ex-post losses in shareholder value may be offset by ex-ante gains in performance through higher employee motivation. …

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

-facilitating accounting information on the profit margins of individual products and (ii) whether they receive performance pay based on an …

activities and (ii) something can be done about this by introducing nonfinancial performance measures as for instance with a …, because with financial performance measures strategic effort can only be rewarded in the future. But renegotiation-proof long … performance measures that help to disentangle strategic and operational effects. …

activities and (ii) something can be done about this by introducing nonfinancial performance measures as for instance with a …, because with financial performance measures strategic effort can only be rewarded in the future. But renegotiation-proof long … performance measures that help to disentangle strategic and operational effects. …