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Using German establishment data, we show that the relationship between intensity of performance pay and intensity of applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is positively associated with applicant screening. By...
Persistent link: https://www.econbiz.de/10011631541
productivity, but they also underscore the risks of quantity-based incentives where quality is important. …
Persistent link: https://www.econbiz.de/10010224591
Whilst existing efficiency wage literature assumes detection probabilities of shirkers are exogenous, this paper finds them positively and endogenously dependent on non-shirkers' effort. It shares the result with the endogenous monitoring models where, in some regions, workers reduce effort in...
Persistent link: https://www.econbiz.de/10009235551
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor … productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to … disentangle the relationship between pay and productivity. …
Persistent link: https://www.econbiz.de/10011413818
work for. We reject, however, the efficient pay hypothesis as CEO pay and the demand for managers increases in Germany in … difficult times when the typical firm size shrinks. We find further that domestic and global competition for managers has …
Persistent link: https://www.econbiz.de/10009533980
Group-based incentive pay is attractive in contexts where production is complex and interdependent, yet freeriding is a paramount concern. We assess the introduction of group-based performance pay in a modern industrial production setting using difference-in-difference estimation. Performance...
Persistent link: https://www.econbiz.de/10012804137
Performance pay has been shown to have important implications for worker and firm productivity. Although workers …
Persistent link: https://www.econbiz.de/10014580762
variation in measured health status are included in wage functions to assess empirically whether the productivity of both …
Persistent link: https://www.econbiz.de/10002597744
The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision … different behavioral channels. In particular, managers make use of the information provided by placing higher-margin products …
Persistent link: https://www.econbiz.de/10012487017
Most firms rely on subjective evaluations by supervisors to assess their employees' performance. This article discusses the implementation of such appraisal processes, exploring the use of multiple research methods such as the analysis of personnel records, survey data, and lab and field...
Persistent link: https://www.econbiz.de/10011308995