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informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this …
Persistent link: https://www.econbiz.de/10011388204
problems in the home country, with a lesser factor being the weak performance of the foreign subsidiary. …
Persistent link: https://www.econbiz.de/10010270480
interaction with monetary incentives. We find that motivational talk significantly improves performance only if it is accompanied … by performance pay. Moreover, performance pay reduces performance unless it is accompanied by motivational talk. By … adding motivational sentences to an otherwise neutral explanation of the work task, the effect of performance pay goes from …
Persistent link: https://www.econbiz.de/10010322997
We present a model in which a motivator can take costly actions - or what we call motivational effort - in order to reduce the effort costs of a worker, and analyze the optimal combination of motivational effort and monetary incentives. We distinguish two cases. First, the firm owner chooses the...
Persistent link: https://www.econbiz.de/10010333456
effect of performance pay and two common leadership techniques: Positive expectations and specific goals. We find that … output than those who do not. Goal-setting has no significant effect, neither on quantity nor quality. Performance pay, in …
Persistent link: https://www.econbiz.de/10012018217
reciprocal motivations and explicit performance-based pay are substitutes. A firm endogenously determines the mix of the two …
Persistent link: https://www.econbiz.de/10010264451
In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...
Persistent link: https://www.econbiz.de/10010264485
performance pay to reward scientific tasks, which are typically of a vague nature. They derive their value, for instance, from …
Persistent link: https://www.econbiz.de/10010264544
An important aspect in determining the effectiveness of gift exchange relations in labor markets is the ability of the worker to repay the gift to the employer. To test this hypothesis, we conduct a real effort laboratory experiment where we vary the wage and the effect of the worker's effort on...
Persistent link: https://www.econbiz.de/10010266102
us to estimate the impact of receiving an award on effort. The performance of winners proves to be significantly higher …
Persistent link: https://www.econbiz.de/10010273799