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Has Performance Pay Increased Wage Inequality in Britain?

Bryan, Mark L.; Bryson, Alex - Institute for the Study of Labor (IZA) - 2015

. The effects were predominantly associated with a broad measure of PP that included bonuses. However, these effects were …

Persistent link: https://www.econbiz.de/10011265657

The Performance Pay Premium: How Big Is It and Does It Affect Wage Dispersion?

Bryson, Alex; Forth, John; Stokes, Lucy - Institute for the Study of Labor (IZA) - 2014

Using nationally representative linked employer-employee data we find one-quarter of employees in Britain are paid for performance. The log hourly wage gap between performance pay and fixed pay employees is .36 points. This falls to .15 log points after controlling for observable demographic,...

Persistent link: https://www.econbiz.de/10010812514

Severance Pay Programs around the World: History, Rationale, Status, and Reforms

Holzmann, Robert; Pouget, Yann; Vodopivec, Milan; … - Institute for the Study of Labor (IZA) - 2011

The paper examines severance pay programs around the world by providing the first ever overview of existing programs, examining their historic development, assessing their economic rationale and describing current reform attempts. While a significant part of the paper is devoted to a...

Persistent link: https://www.econbiz.de/10009024587

Bonus Culture: Competitive Pay, Screening, and Multitasking

Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2013

This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...

Persistent link: https://www.econbiz.de/10010635587

Emotions and Incentives

Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2004

analyzed by focusing on three incentive schemes that are frequently used in practice: tournaments, bonuses and piece rates. We …

Persistent link: https://www.econbiz.de/10005703572

Relative Performance Pay, Bonuses, and Job-Promotion Tournaments

Kräkel, Matthias; Schöttner, Anja - Institute for the Study of Labor (IZA) - 2008

Several empirical studies have challenged tournament theory by pointing out that (1) there is considerable pay variation within hierarchy levels, (2) promotion premiums only in part explain hierarchical wage differences and (3) external recruitment is observable on nearly any hierarchy level. We...

Persistent link: https://www.econbiz.de/10005822027

The Heterogeneous Effects of Workforce Diversity on Productivity, Wages and Profits

Garnero, Andrea; Rycx, Francois - Institute for the Study of Labor (IZA) - 2013

We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The …

Persistent link: https://www.econbiz.de/10010990939

Part-time Work, Wages and Productivity: Evidence from Belgian Matched Panel Data

Garnero, Andrea; Kampelmann, Stephan; Rycx, Francois - Institute for the Study of Labor (IZA) - 2013

lower wages for women, relatively higher productivity for part-timers). Interactions between gender and part-time suggest …

Persistent link: https://www.econbiz.de/10010990941

Yuan and Roubles: Comparing Wage Determination in Urban China and Russia at the Beginning of the New Millennium

Gustafsson, Björn Anders; Li, Shi; Nivorozhkina, Ludmila; … - Institute for the Study of Labor (IZA) - 2014

Earnings inequality and earnings determination in urban China 2002 and Russia 2003 are compared using samples covering large parts of the two countries. The results from estimated earnings functions are put in perspective of the outcome from a similar comparison made at the end of the 1980s. We...

Persistent link: https://www.econbiz.de/10010884151

The Effect of Sexual Activity on Wages

Drydakis, Nick - Institute for the Study of Labor (IZA) - 2013

The purpose of this study is to estimate whether sexual activity is associated with wages, and also to estimate … potential interactions between individuals' characteristics, wages and sexual activity. The central hypothesis behind this …'s set of productive traits that affect wages. Using two stage estimations we examine the relationship between adult sexual …

Persistent link: https://www.econbiz.de/10010884311

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