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Many firms offer employees a remuneration package that links pay to performance as a means of motivation. It also improves efficiency and reduces turnover and absenteeism. The effects on productivity depend on the type of scheme employed (individual or group performance) and its design...
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Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
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This paper explores the evolution of the average wage of employees over the life-cycle of a manufacturing plant. The average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant approaches exit, its average wage falls, but more slowly than...
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-order equivalent in an economy with flexible incentive pay and without bargaining, vis-á-vis an economy with rigid wages. Second, wage … procyclical wages, matches unemployment dynamics in our incentive pay model calibrated to strongly procyclical wages …
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Concerns about poor student performance have led schools to diverge from traditional teacher compensation and base a portion of pay on student outcomes. In the US, the number of school districts adopting such performancebased financial incentives has increased by more than 40% since 2004....
Persistent link: https://www.econbiz.de/10011431719
Politicians, the media, and the public express concern that immigrants depress wages by competing with native workers … countries have found no effect on wages, on average, and only modest effects on wage differentials between more and less … educated immigrant and native workers. Native workers' wages have been insulated by differences in skills, adjustments in local …
Persistent link: https://www.econbiz.de/10011417057