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Cheating in the Workplace: An Experimental Study of the Impact of Bonuses and Productivity

Gill, David; Prowse, Victoria L.; Vlassopoulos, Michael - Institute for the Study of Labor (IZA) - 2012

workplace cheating. Firms often use bonus-based compensation plans, such as group bonuses and firm-wide profit sharing, that … induce considerable uncertainty in how much workers are paid. Exposing workers to a compensation scheme based on random … employer's compensation scheme. …

Persistent link: https://www.econbiz.de/10010887072

Equality of Opportunity: Theory and Evidence

Ferreira, Francisco H. G.; Peragine, Vito - Institute for the Study of Labor (IZA) - 2015

theory of social justice: the principles of compensation and reward. Ex-ante and ex-post versions of the compensation …

Persistent link: https://www.econbiz.de/10011265654

Performance Pay and Wage Inequality

Lemieux, Thomas; MacLeod, W. Bentley; Parent, Daniel - Institute for the Study of Labor (IZA) - 2007

using bonuses, commissions, or piece-rates. We find that compensation in performance-pay jobs is more closely tied to both …

Persistent link: https://www.econbiz.de/10005233832

How Unjust! An Experimental Investigation of Supervisors' Evaluation Errors and Agents' Incentives

Marchegiani, Lucia; Reggiani, Tommaso; Rizzolli, Matteo - Institute for the Study of Labor (IZA) - 2011

In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...

Persistent link: https://www.econbiz.de/10009416946

Empirical Approaches to Inequality of Opportunity: Principles, Measures, and Evidence

Ramos, Xavi; Van de gaer, Dirk - Institute for the Study of Labor (IZA) - 2012

We put together the different conceptual issues involved in measuring inequality of opportunity, discuss how these concepts have been translated into computable measures, and point out the problems and choices researchers face when implementing these measures. Our analysis identifies and...

Persistent link: https://www.econbiz.de/10010555240

Consistency in Organization (updated)

Schlicht, Ekkehart - Institute for the Study of Labor (IZA) - 2011

modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several …

Persistent link: https://www.econbiz.de/10009251371

Monetary Reference Points of Managers: An Empirical Investigation of Status Quo Preferences and Social Comparisons

Grund, Christian; Martin, Johannes - Institute for the Study of Labor (IZA) - 2012

social comparisons. We explore the relative relevance of these concepts for total compensation as well as for different parts … of the compensation package of managers. Making use of a unique panel data set of managers of the German chemical sector …, we find that social comparisons of compensation indeed affect reported job satisfaction. Managers compare their total …

Persistent link: https://www.econbiz.de/10010604103

Transactions Costs and the Employment Contract in the US Economy

MacLeod, W. Bentley; Parent, Daniel - Institute for the Study of Labor (IZA) - 2013

costs economics provide a useful way to organize the data on compensation in the US labor market. …

Persistent link: https://www.econbiz.de/10010757338

Death, Happiness, and the Calculation of Compensatory Damages

Oswald, Andrew J.; Powdthavee, Nattavudh - Institute for the Study of Labor (IZA) - 2007

compensation amounts are discussed. …

Persistent link: https://www.econbiz.de/10005703307

High Compensation Creates a Ratchet Effect

Gersbach, Hans; Glazer, Amihai - Institute for the Study of Labor (IZA) - 2004

We consider a firm which pays a worker for his effort over several periods. The more the firm pays in one period, the wealthier the worker is in the following periods, and so the more he must be paid for a given effort. This wealth effect can induce an employer to pay little initially and more...

Persistent link: https://www.econbiz.de/10005703728