Bayo-Moriones, Alberto; Galdon-Sanchez, Jose E.; Guell, Maia - London School of Economics (LSE) - 2004
In this paper we use data from industrial plants to investigate if seniority-based pay is used as a motivational device for production workers. Alternatively, seniority-based pay could simply be a wage setting rule not necessarily related to the provision of incentives. Unlike previous papers,...