Showing 1 - 10 of 56
provides managers with an invaluable risk-analysis grid specific to the food industry, which identifies the main risk factors … scale, both in terms of volume and visibility, requires a re-evaluation of standard risk management procedures. This report … and undesirable outcomes associated with mega events. Once this is done, appropriate risk management strategies can be …
Persistent link: https://www.econbiz.de/10005079443
Notwithstanding the domain of activities where they are conducted, projects often entail risks, and risk management has … been widely recognized as a success factor in project management. While several lists of risk factors have been proposed in … several domains, there exists no generic tool for helping the assessment of the risk level of a given project. This paper …
Persistent link: https://www.econbiz.de/10005101050
In this paper, I investigate the relationship between methods of pay, including piece rates and bonuses, and the level and variance of wages using longitudinal data from the NLSY (1988-1990). Results using OLS and fixed-effects show that piece rate workers earn a premium compared to other...
Persistent link: https://www.econbiz.de/10005100655
The labour market's ability to adjust to the current demographic shock is a central concern for labour market policies. An aging population could affect the economy's ability to adjust, not only to the aging population shock itself, but also to those associated with the business cycle,...
Persistent link: https://www.econbiz.de/10005100857
with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance but … groups of subjects with managers appearing performance driven while students are more cost driven. Suite à une fusion, les …
Persistent link: https://www.econbiz.de/10005100880
Workers paid by the piece should in principle cooperate with new techniques that increase their output. In practice, however, firms seem unable to keep piece rates fixed, and when they cut rates workers often respond by restricting output. This paper investigates a case where in fact firms...
Persistent link: https://www.econbiz.de/10005101011
with managers originating from companies with different incentives and working habits. In this paper, we offer a new way to … conducted with managers within a large pharmaceutical company show that not only changes in compensation incentives affect … performance but also that both managers' past compensation schemes and company cultures matter for cooperation. The efficiency of …
Persistent link: https://www.econbiz.de/10005101013
In a series of experimental effort games each of two players may choose between remuneration based on either private or team effort. Although at least one of the players has the subgame perfect equilibrium strategy to choose remuneration based on private effort, we frequently observe team...
Persistent link: https://www.econbiz.de/10005101072
risk on the agent, so the expected wage ex ante is higher and the agent's effort on the environmental task greater than in …
Persistent link: https://www.econbiz.de/10005101077
We develop and estimate a generalized labour supply model that incorporates work effort into the standard consumption-leisure trade-off. We allow workers a choice between two contracts: a piece rate contract, wherein he is paid per unit of service provided, and a mixed contract, wherein he...
Persistent link: https://www.econbiz.de/10008646904