Showing 1 - 10 of 122
This paper analyzes the linkages among group incentive methods of compensation, labor practices, worker assessments of workplace culture, turnover, and firm performance in a non-representative sample of companies: firms that applied to the "100 Best Companies to Work For in America" competition...
Persistent link: https://www.econbiz.de/10009397142
This paper examines the effect of a variety of employee ownership programs on employees' holdings of their employers' stock, their earnings and their wealth. Two major datasets are employed: the NBER Shared Capitalism Research Project employee survey dataset and the 2002 and 2006 national...
Persistent link: https://www.econbiz.de/10005248657
, when accounting for worker empowerment, good employee relations, and high-performance work bundles that appear to buffer … hold reasonable proportions of their assets in employee stock ownership of their firm with only a modest loss in utility …
Persistent link: https://www.econbiz.de/10005710163
Between one-third and one-half of employees participate directly in company performance through profit sharing, gainsharing, employee ownership, or stock options. This flies in the face of concerns about the free rider problem and worker risk aversion in group incentives, and raises many...
Persistent link: https://www.econbiz.de/10005710442
distorts incentives. I assume that employment contracts are incomplete. In the model cooperative members pay in a capital …, cooperative members will be reluctant to leave, since this entails forfeiting the dividends on their capital contribution. The …
Persistent link: https://www.econbiz.de/10005713961
Group incentive systems have to overcome the free rider or 1/N problem, which gives workers an incentive to shirk, if they are to succeed. This paper uses new questions on responses to shirking from the General Social Survey and a special NBER survey of workers at over 300 worksites in 14...
Persistent link: https://www.econbiz.de/10005718621
We investigate the relationship of "shared capitalist" compensation systems - profit/gainsharing, employee ownership, and stock options - to the culture for innovation and employees' ability and willingness to engage in innovative activity. Using a large dataset with over 25,000 employee surveys...
Persistent link: https://www.econbiz.de/10005775061
Many firms encourage employees to own company stock through share plans that subsidize the price at favorable rates, but even so many employees do not buy shares. Using a new survey of employees in a multinational with a share ownership plan, we find considerable variation in joining among...
Persistent link: https://www.econbiz.de/10008531876
What enables some employee ownership firms to overcome the free rider problem and motivate employees to improve performance? This study analyzes the role of human resource policies in the performance of employee ownership companies, using employee survey data from 14 companies and a national...
Persistent link: https://www.econbiz.de/10005027089
The notion of regular, full-time employment as one of the defining features of the U.S. economy has been called into question in recent years by the apparent growth of alternative or "nonstandard" arrangements - part-time work, temporary help, independent contracting, and other arrangements....
Persistent link: https://www.econbiz.de/10010950863